Trump Fires Federal Reserve Governor

Trump Fires Federal Reserve Governor


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Donald Trump has fired Federal Reserve Governor Lisa Cook.

Trump wrote in a letter. “Pursuant to my authority under Article II of the Constitution of the United States and the Federal Reserve Act of 1913, as amended, you are hereby removed from your position on the Board of Governors of the Federal Reserve, effective immediately.”

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CNBC reported:

President Donald Trump on Monday fired Federal Reserve Governor Lisa Cook, according to a letter on his Truth Social, an unprecedented move and a significant escalation of his attacks on the U.S. central bank.

“Pursuant to my authority under Article II of the Constitution of the United States and the

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