Trump says he has fired Fed governor Lisa Cook. The first instance of a president firing a central bank governor in the central bank’s 111-year history.

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    1. Armthedillos5 on

      Could this just be more scapegoating with a side of posturing? This spends time in court, economy finally catches up with reality, and it’s the feds fault, he tried to fix it, or the radical judges?

    2. Do remember though, per Lisa Cook:

      “President Trump purported to fire me ‘for cause’ when no cause exists under the law, and he has no authority to do so,” Cook said in statement her attorneys shared with CNN Monday night. “I will not resign. I will continue to carry out my duties to help the American economy as I have been doing since 2022.”

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