🦋bluesky first seen 5 h ago, last 1 h ago, peak #2
Trump Orders Committee to Investigate Fed's Lisa Cook
Original: Trump forms committee to probe Lisa Cook
President Trump has formed a committee to investigate Lisa Cook, a Federal Reserve governor, escalating his pressure campaign on the central bank. The move follows his earlier attempts to remove Cook from her position over allegations regarding her mortgage filings, which she disputes. Critics see the probe as an unprecedented political attack on the Fed's independence, while supporters argue accountability is warranted.
Why now: The investigation intensifies a high-stakes fight over Federal Reserve independence ahead of key interest rate decisions.
Donald TrumpLisa CookFederal Reserve
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