President Trump announced on Truth Social this week that he had fired Federal Reserve board member Lisa Cook. While most people had no idea who she was, her sacking could have a massive impact. The move is seen as part of the continued politicisation of the Fed, the US’s independent central bank and some economists fear it could be the start of a journey towards economic meltdown in America with global repercussions. This podcast was brought to you thanks to the support of readers of The Times and The Sunday Times. Subscribe today: http://thetimes.com/thestoryGuest: Mehreen Khan, Economics Editor, The Times.Host: Manveen Rana.Producer: Shabnam Grewal.Read more: Trump is rapidly tightening his grip on US central bankDollar weakens after Trump ‘sacks’ Fed governor Lisa CookClips: CNN, Bloomberg, The Legal Defence Fund.Photo: Getty Images.Get in touch: [email protected] Hosted on Acast. See acast.com/privacy for more information.

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related