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Donald Trump launches committee to investigate Fed governor Lisa Cook
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2
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NEWSDECK ANALYSIS
The Federal Reserve, the US central bank, has a significant impact on the global economy, and its governors play a crucial role in shaping monetary policy. The position of a Fed governor is typically considered to be independent and non-partisan, with governors serving staggered 14-year terms to insulate them from political pressure. The attempt to remove Lisa Cook comes amid ongoing legal proceedings, highlighting the unusual nature of the challenge to her appointment.
This story is currently only covered by 2 sources from a limited part of the political spectrum. NewsDeck will update this page automatically if other outlets pick up the story.
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Guardian Business
Trump establishes committee to investigate Fed governor Lisa Cook
US president renews his efforts to oust Cook despite supreme court ruling that her firing was unconstitutional
Donald Trump announced on Friday that he is establishing a committee to investigate Lisa Cook, the US Federal Reserve governor, over allegations that she committed mortgage fraud, renewing his efforts to oust her despite a June supreme court ruling that her earlier firing was unconstitutional.
Trump said a c…
9 Oct, 16:02
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FT UK
Donald Trump launches committee to investigate Fed governor Lisa Cook
Move comes after Supreme Court in June rebuffed president’s attempt to sack central banker
9 Oct, 15:08
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