Macro· ★★★★· neutral·

Trump renews bid to fire Fed Governor Lisa Cook

  • —Trump is making a second attempt to remove Fed Governor Lisa Cook
  • —The first attempt was halted by a June Supreme Court ruling
  • —Salter casts the case as a test of Fed independence, not a personal dispute
  • —Cook has served on the Fed board since May 2022
Why it matters: The fight over presidential power to remove Fed officials could shape central bank independence and rate expectations.
Source: TokenPost
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