Reported about 4 hours ago
President Donald Trump has intensified efforts to persuade a US appeals court to allow him to fire Federal Reserve Governor Lisa Cook due to allegations of mortgage fraud. This push comes as a crucial Fed interest rate vote looms, with Trump asserting that Cook has not adequately contested the claims against her. The court's decision is expected soon, which could set the stage for further escalation to the Supreme Court if the request is denied, raising significant concerns about the independence of the Federal Reserve.
Source: YAHOO