Federal Reserve, Trump and Lisa Cook
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Federal Reserve governor Lisa Cook late Wednesday said she wouldn't leave her post after Trump on social media called on her to resign over an accusation from one his officials that she committed mortgage fraud.
The DOJ is potentially launching an investigation into Federal Reserve Governor Lisa Cook — unless she's fired first
The president’s call appears to be his latest effort to influence the central bank board as he demands lower interest rates.
Economists have long preferred independent central banks because they can more easily take unpopular steps to fight inflation.