Trump's Fed Shakeup Sparks Concerns Over Central Bank Independence
TL;DR
President Trump attempted to fire Fed governor Lisa Cook, citing constitutional and legal grounds, sparking a historic legal dispute over the president's authority to remove Fed officials and raising concerns about the Fed's independence.
- Trump ignites Fed war Axios
- Stock market today: Dow, S&P 500, Nasdaq futures fall as Trump ousts Fed governor Yahoo Finance
- Trump’s interest-rate crusade will be self-defeating The Economist
- Why the Federal Reserve has historically been independent of the White House AP News
- What Trump’s move to fire Fed governor means for central bank’s independence The Guardian
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