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Fed’s Cook Denies Wrongdoing as Trump Revives Push to Fire Her
Source: Bloomberg
Elections & Domestic PoliticsRegulation & LegislationMonetary Policy
Fed Governor Lisa Cook again denied unproven mortgage-fraud allegations raised by President Donald Trump, in the context of a possible renewed effort to remove her. The likely outcome is another legal battle over the Federal Reserve’s independence, adding governance uncertainty around monetary policymaking.
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