Trump created a committee to dig into the Fed's Lisa Cook. What is it and what comes next?
Trump’s bid to fire the Fed's Lisa Cook follows a Supreme Court ruling and could affect Jerome Powell, central bank independence and interest rates.
CNBC reports: Trump’s bid to fire the Fed's Lisa Cook follows a Supreme Court ruling and could affect Jerome Powell, central bank independence and interest rates.
This business story centres on the United States. Names and organisations mentioned in the coverage include Fed's Lisa Cook, Supreme Court and Jerome Powell.
Why it matters
Moves like this are watched by investors, employers and consumers because of their potential effect on markets and the wider economy.
Key details
- Location
- United States · Americas
- Reported by
- CNBC
- First reported
- Key names
- Fed's Lisa Cook, Supreme Court, Jerome Powell
- Section
- Business
Sources
This is an independent summary. Read the full, original reporting from the publisher:
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