How Trump’s Move to Fire Cook Could Open Door to ‘Momentous’ Fed Overhaul
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I’m Malcolm Scott, international economics editor in Sydney. Today we’re looking at Donald Trump’s move to fire Federal Reserve Governor Lisa Cook. Send us feedback and tips to ecodaily@bloomberg.net. And if you aren’t yet signed up to receive this newsletter, you can do so here.
Trump’s move to oust Federal Reserve Governor Lisa Cook on allegations she falsified mortgage documents is a marked escalation in his battle to exert more control over the central bank, and could open the door for even more sweeping board changes.