US EditionTrump says he'll have a Fed 'majority' soon to push rates lower after firing Cook
14 Articles
14 Articles
Trump wants to get rid of a banker. An expert sees a clear line behind it – he points to a treacherous joke by the US President.
President Donald Trump said he will soon have a "majority" of his own candidates on the board of Federal Reserve governors who will support his desire to drastically cut interest rates, said CNBC. Trump's comment at a cabinet meeting came hours after he took the unprecedented move to remove from the board the governor of the central bank, Lisa Cook, appointed by former President Joe Biden. Trump has already appointed two of the seven board gover…
Trump says Fed board majority within reach after bid to oust Fed's Cook
U.S. President Donald Trump said Tuesday he is close to securing a majority of his own nominees on the Federal Reserve Board after he moved to oust central bank Governor Lisa Cook over alleged mortgage infractions.
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