🦋bluesky first seen 8 h ago, last 3 h ago, peak #2
Trump Forms Committee to Probe Fed Governor Lisa Cook
Original: Trump forms committee to probe Lisa Cook
Donald Trump has created a committee to investigate Lisa Cook, a Federal Reserve governor, escalating his pressure campaign against the central bank. The probe is widely seen as an effort to build a case for removing her from the Fed's board, after Trump earlier moved to fire her over allegations regarding mortgage documents, which she denies. Critics call it an unprecedented attack on the Fed's independence, while allies back the review.
Why now: The inquiry raises fresh concerns about political interference in the Federal Reserve and its implications for monetary policy independence.
Donald TrumpLisa CookFederal Reserve
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