Trump’s Attempt to Fire the Fed’s Lisa Cook Risks Global Economic Stability
President Trump’s attempt to fire Lisa Cook, a Fed governor, will set off a long legal battle. Economists warn it could lead to higher inflation and government borrowing costs. [Source]
Publication Date:Origin: nytimes.com
Category: Banking and Financial Institutions
Topics: Trump’s, costs, borrowing, government, inflation, higher, could, Economists, battle, legal, governor, attempt, President, Stability, Economic, Global, Risks, Fed’s, Attempt
Source: https://www.nytimes.com/2025/08/26/us/politics/trump-fed-lisa-cook.html