Article
Cook Case Tests The Limits Of Fed Independence
Cook Case Tests The Limits Of Fed Independence
Authored by Alexander W. Salter via The Daily Economy,
President Trump has renewed his effort to remove Lisa Cook from the Federal Reserve Board.
Whether he has a legitimate reason to fire her is another matter. The White House announced a three-person "committee of inquiry" to investigate whether Cook made false statements on mortgage applications, and whether that is sufficient cause to remove her from her post. Next month, the committee will question her at a White House hearing.
This is Trump's second attempt....
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