Trump considers firing Fed Governor Lisa Cook
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A letter to the Fed chair from Justice Department official Ed Martin said Cook’s case 'requires further examination,' Bloomberg reported.
A new report says the president might try to fire Cook, the first woman of color to sit on the Federal Reserve Board of Governors.
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.
Economists have long preferred independent central banks because they can more easily take unpopular steps to fight inflation.