In a move that has sparked significant controversy, Donald Trump has announced the termination of Lisa Cook, a Federal Reserve economist, following a recent report. The action, described by legal experts as a rare and unprecedented move, follows a report alleging inconsistencies in her analysis. The White House has not issued a formal statement regarding the dismissal. This decision follows escalating concerns about the Federal Reserve’s monetary policy and is expected to further fuel political debate. The specific rationale behind the termination remains unclear, but it represents a significant escalation in the President’s response to the Federal Reserve’s actions.
Credits: Finance & economics
