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Trump's Federal Reserve Power Play, Firing Lisa Cook
Manage episode 502636675 series 2428761
Donald Trump dismisses the Fed Governor for "cause," citing allegations aired on social media that she claimed two primary residences while applying for mortgages. Cook says she'll refuse to go, setting up a serious legal and constitutional fight. But is this really about Trump's demand for lower interest rates, and do Americans want Fed monetary policy to follow political orders?
Learn more about your ad choices. Visit megaphone.fm/adchoices
1474 episodes
Manage episode 502636675 series 2428761
Donald Trump dismisses the Fed Governor for "cause," citing allegations aired on social media that she claimed two primary residences while applying for mortgages. Cook says she'll refuse to go, setting up a serious legal and constitutional fight. But is this really about Trump's demand for lower interest rates, and do Americans want Fed monetary policy to follow political orders?
Learn more about your ad choices. Visit megaphone.fm/adchoices
1474 episodes
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