
Does the US president have the power to sack a Federal Reserve governor?
President Trump takes aim at Lisa Cook, a central bank official - we unpack what it all means.
Full Article
President Trump takes aim at Lisa Cook, a central bank official - we unpack what it all means.
Full ArticleUS President Donald Trump said he was firing Federal Reserve Governor Lisa Cook over alleged improprieties in obtaining mortgage..
The central bank governor says the US president "has no authority to do so" in defiance of Trump's escalatory move against the Fed.