Description
Donald Trump says he’s firing Federal Reserve Governor Lisa Cook. He claims that she falsified mortgage records, though she’s never been charged with wrongdoing and was confirmed by the Senate. Tim Miller and economics reporter Ben Walsh break down what this move means, whether Trump even has the legal authority to do it, and why gold is soaring and the dollar is sinking. Could this be the opening shot in Trump’s war on Fed independence, and Jerome Powell himself? You can read Ben's work at Sherwood News here
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