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A Trump ally’s mortgage-fraud accusation against Federal Reserve governor Lisa Cook turned into an open demand for her resignation, and Cook refused to budge. The episode widened the administration’s fight with the central bank and raised the stakes around Trump’s push to bend monetary policy to his will.
Why it matters: Fed intimidation
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A Trump ally’s mortgage-fraud accusation against Federal Reserve governor Lisa Cook turned into an open demand for her resignation, and Cook refused to budge. The episode widened the administration’s fight with the central bank and raised the stakes around Trump’s push to bend monetary policy to his will.
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A Trump ally’s mortgage-fraud accusation against Federal Reserve governor Lisa Cook turned into an open demand for her resignation, and Cook refused to budge. The episode widened the administration’s fight with the central bank and raised the stakes around Trump’s push to bend monetary policy to his will.
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