The Hill|1 minute read
Fed Governor Lisa Cook Stands Her Ground Against Trump Pressure
TL;DR
Fed Governor Lisa Cook won't back down despite Donald Trump's call for her resignation. Cook's determination comes amidst accusations of mortgage fraud and efforts by the Trump administration to intimidate Fed officials. She asserts, 'I won’t be bullied,' highlighting her resilience in the face of political pressure.
Key points include:
- Trump's ongoing attempts to influence the Federal Reserve.
- Cook's firm stance amid a climate of intimidation.
- Implications for the Fed's independence and policy-making.
Here's the full scoop.