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Trump Orders New Investigation of Fed's Lisa Cook

President Trump has ordered a new investigation into Lisa Cook, a governor on the Federal Reserve's board of governors. The move escalates his public pressure campaign on the US central bank and on Cook personally, and comes amid an ongoing legal and political fight over his attempts to remove her from the Fed. The order is likely to fuel fresh debate over the central bank's independence from the White House.

Why now: Trump is escalating his unprecedented pressure on the Federal Reserve by targeting one of its governors directly.

Donald TrumpLisa CookFederal Reserve

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