In a dramatic escalation, President Trump threatened to fire Federal Reserve governor Lisa Cook, fueled by allegations of mortgage fraud. As tensions rise within the central bank, what does this mean for interest rates and Trump's control over monetary policy?
Allegations of mortgage fraud against Federal Reserve Governor Cook are heating up. Pulte claims she falsified documents for better loan terms, raising questions about her future in the Fed amidst Trump's calls for her resignation.
In a bold move, Trump demands that Federal Reserve Chair Jerome Powell resign immediately, escalating tensions over interest rate policies and economic strategies. Will Powell comply?
