Donald Trump Demands Fed Governor Cook’s Immediate Resignation in Explosive Move
Former President Trump launches blistering attack on Federal Reserve leadership, calling for Governor Lisa Cook's resignation amid mounting political pressure on central bank independence.
Political Firestorm
Trump's demand shakes financial circles as he accuses Cook of 'failed monetary policies' and 'economic incompetence'—claims that echo his previous attacks on Fed leadership during his presidency. The move comes as Trump positions himself for potential 2024 election momentum.
Institutional Pressure
Market watchers note the unusual public targeting of specific Fed officials, breaking with traditional respect for central bank independence. Cook, appointed in 2022, has been instrumental in shaping current interest rate policy amid persistent inflation concerns.
Financial Fallout
Traders initially shrugged off the political noise—because when has political stability ever mattered to markets chasing yield? Bitcoin briefly pumped on the news, because apparently chaos is now a bullish signal in this circus.
The White House is embroiled in a heated battle with the Federal Reserve, with President Donald TRUMP demanding key officials. Following his efforts to replace Fed Chair Jerome Powell with a crypto-friendly candidate, Trump is escalating his pressure on the resignat... Read More
