Trump risks economic calamity by tampering with Fed independence, experts say

Economic and financial analysts are warning that President Donald Trump’s attempt to fire Federal Reserve governor Lisa Cook risks undermining the central bank’s independence — something that could ultimately put U.S. households’ finances at risk

Aug 26, 2025 - 23:30
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Trump risks economic calamity by tampering with Fed independence, experts say
Economic and financial analysts are warning that President Donald Trump’s attempt to fire Federal Reserve governor Lisa Cook risks undermining the central bank’s independence — something that could ultimately put U.S. households’ finances at risk

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