President Trump’s attempt to fire Fed governor Lisa Cook pushes his drive for unilateral control of the U.S. government to new levels
The Wall Street JournalTuesday, August 26, 2025 at 9:52:00 PM
NegativeU.S News
President Trump's attempt to fire Federal Reserve governor Lisa Cook raises concerns about his push for greater control over the U.S. government, especially after the Supreme Court indicated it would protect the central bank's independence.
Editor’s Note: This situation is significant as it highlights ongoing tensions between the executive branch and the Federal Reserve, which is crucial for maintaining economic stability. Trump's actions could undermine the independence of the central bank, affecting monetary policy and public trust.
— Curated by the World Pulse Now AI Editorial System
