What Trump’s move to fire Fed governor means for central bank’s independence

The Guardian // Business // Economics

What Trump’s move to fire Fed governor means for central bank’s independence

Tuesday 26th August 2025, 10:02AM

The US president has said he is firing Lisa Cook over mortgage fraud allegations – a move experts view as a means to exert more controlTrump says he is firing Lisa Cook over mortgage fraud claimsDonald Trump has said he is firing Lisa Cook, a Federal Reserve governor, in a move viewed as a sharp escalation in his battle to exert greater control over the institution. Continue reading...

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