CNBC|1 minute read
Stock Market Turmoil: Trump Takes Aim at Fed Independence
TL;DR
Stock futures are slipping as Donald Trump ramps up his attacks on the Federal Reserve's independence, a move that’s rattling investors. The former president's extraordinary actions against Fed Governor Lisa Cook have ignited fears of political interference in monetary policy.
Key highlights include:
- Trump's escalating rhetoric on the Fed's role and independence.
- Market reactions showing concern over potential instability.
- Investors on edge as futures dip amid uncertainty.
- Insight into who Lisa Cook is and why she's in the crosshairs.
Here's the full scoop.