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White House panel scrutiny of Fed Governor Lisa Cook intensifies

Original: A White House panel digging into Federal Reserve Governor Lisa Cook adds a new layer of political pressure on the centra

A White House panel is investigating Federal Reserve Governor Lisa Cook, adding a new layer of political pressure on the central bank. The scrutiny comes as Wall Street marks fresh gains, highlighting the tension between political pressure on the Fed and ongoing strength in financial markets.

Why now: Political pressure on the Federal Reserve is seen as a threat to its independence, making the panel's investigation of Governor Lisa Cook a talking point for markets and policymakers.

Lisa CookFederal ReserveWhite HouseWall Street

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• A White House panel digging into Federal Reserve Governor Lisa Cook adds a new layer of political pressure on the central bank even as Wall Street notches fresh gains. # Markets # Finance https://www. loopwire.news/story-stocks_mar kets-1791658209210.html · loopwire · 2

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