#Trump demanded on Wednesday that a #FederalReserve governor, #LisaCook, “resign, now!!!,” citing unconfirmed allegations that she *may* have engaged in mortgage fraud. It is the latest sign that the admin is ramping up its campaign to remake the #independent #CentralBank. Trump has pressured the bank to lower #InterestRates, which it has kept steady out of concern that his policies could cause #inflation.
#economy #law #tariffs #trade #immigration #labor #recession
https://www.nytimes.com/2025/08/20/us/politics/trump-fed-resign-lisa-cook-governor.html?smid=url-share