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Critical
Donald Trump revives threat to sack Fed governor Lisa Cook
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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 one source from a single part of the political spectrum. NewsDeck will update this page automatically if other outlets pick up the story.
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FT UK
Donald Trump revives threat to sack Fed governor Lisa Cook
Attempt comes after Supreme Court ruled in June that policymaker could remain in her position while case is resolved
7 Aug, 17:29
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