Trump calls for Fed Governor Lisa Cook to resign
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The president’s calls for Lisa Cook, a Fed governor, to resign are diverting attention from economic issues as top central bankers from around the world gather in Jackson, Wyo.
A Department of Justice official tasked with investigating Federal Reserve Governor Lisa Cook on Thursday urged Chair Jerome Powell to proactively remove her from the board.
Economists have long preferred independent central banks because they can more easily take unpopular steps to fight inflation.