Trump Pushes to Remove Fed’s Lisa Cook—She Vows ’Will Not Resign’ in High-Stakes Clash
Federal Reserve Governor Lisa Cook digs in against political pressure as Trump administration moves to oust her from central bank role.
Power Play at The Fed
Trump's latest maneuver targets one of the Fed's key voices—a move that echoes his previous clashes with central bank independence. Cook, appointed during the previous administration, now faces a public showdown over her position.
Institutional Standoff
The Fed maintains its traditional silence on personnel matters while Cook makes her position clear through brief public statements. This isn't just about one person—it's about whether monetary policy remains insulated from political winds.
Market Implications
Another day, another attempt to politicize the only institution that actually understands money—while crypto keeps building decentralized alternatives that don't care who's in office.