Mortgage loan charge: Trump says he has ‘cause’ to oust Lisa Cook; first-ever move against Fed governor
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Donald Trump tried to remove Lisa Cook from the Federal Reserve. He accused her of mortgage fraud. Cook refuses to resign and claims Trump lacks the authority. Legal challenges are expected. Experts say presidents cannot dismiss Fed governors. This move threatens the Fed's independence. It could impact market confidence and inflation. This action is unprecedented in US history. What's Your Reaction?
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