Lisa Cook's Job on the Line: Fed Fight Heats Up

Is Lisa Cook about to be ousted from the Federal Reserve? A high-stakes legal battle is underway as Cook fights to keep her job amid accusations of mortgage application misrepresentations. Her defense claims it's a politically motivated attack by Trump due to policy disagreements, raising questions about presidential power and what for cause really means. With the next Fed meeting looming, a judge is now weighing whether past actions and paperwork errors are enough to remove a key figure setting interest rates. The future of Cook's position, and potentially Fed policy, hangs in the balance. Hosted on Acast. See acast.com/privacy for more information.