Former President Donald Trump has removed Lisa Cook from her position as a governor of the US Federal Reserve. The decision reflects a shift in leadership at the central banking institution, which plays a crucial role in shaping monetary policy. Cook, an economist with expertise in innovation and economic growth, was appointed to the board to bring diverse perspectives to the Fed’s policymaking process. Her departure marks a notable change in the composition of the board, especially during a period of evolving economic conditions. The move has sparked discussions about the independence of the central bank and the influence of political leadership on financial institutions. Analysts are assessing the potential implications for future policy directions, particularly regarding interest rates and inflation management.
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Trump Fires US Central Bank Governor Lisa Cook – VOI.ID
Trump Fires US Central Bank Governor Lisa Cook VOI.ID