There is little precedent: no Fed governor has been dismissed for cause before. Donald Trump has reportedly dismissed Lisa Cook, a journalist specializing in economics, from his communications team. This action follows a dispute regarding a report published by Cook detailing potential inflationary pressures within the Federal Reserve. The White House declined to comment on the specific details of the dismissal. The decision has raised concerns among industry analysts regarding the potential impact on media coverage and public discourse.
Credits: Finance & economics