Trump’s Attempt to Fire the Fed’s Lisa Cook Risks Global Economic Stability

President Trump’s attempt to fire Lisa Cook, a Fed governor, will set off a long legal battle. Economists warn it could lead to higher inflation and government borrowing costs.

Aug 26, 2025 - 15:30
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President Trump’s attempt to fire Lisa Cook, a Fed governor, will set off a long legal battle. Economists warn it could lead to higher inflation and government borrowing costs.

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