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Who is Lisa Cook, Federal Reserve governor targeted by Trump?

From thehill.com

President Trump on Monday doubled down on his pressure campaign against Federal Reserve Governor Lisa Cook, urging the board member to resign or be fired following allegations of mortgage fraud. The effort to remove her from the position has exacerbated Trump’s feud with the Federal Reserve after months of tension between the president and Fed Chair Jerome Powell surrounding interest cuts. Powell signaled last week that a rate cut could be possible in September. “I have determined that there is sufficient cause to remove you from your position,” Trump wrote in his letter to Cook, posted to Truth Social on Monday. ... (full story)

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  • Category: Fundamental Analysis