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Trump's Power Struggle with Central Bank: Supreme Court Leaves Fed Leaders in Office
Summary by Kurier
2 Articles
2 Articles
While Donald Trump continues to increase pressure on the Fed and its chairman Jerome Powell, the Supreme Court is now setting a first stop sign. With its decision to suspend the dismissal of Governor Lisa Cook, the court is strengthening the independence of the central bank – albeit only temporarily. The power struggle between Trump and the Fed is thus [...] The post Fed with partial success in the power struggle for independence against Trump a…
Trump wants to dismiss Lisa Cook and accuses her of lying about taking private mortgages. So far, courts have not considered this a sufficient reason to be dismissed.
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