Trump vows second attempt to remove Fed Governor Lisa Cook

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โดย Yahoo Finance·Read original
Summary · why it matters

President Trump went on CNBC this morning to promise a second run at removing Fed Governor Lisa Cook, calling the board under new Chair Kevin Warsh 'a little bit hostile' and possibly 'a board that wants to do the wrong thing.' National Security Director Kevin Hassett went further, arguing a Fed majority is 'not necessarily going to be voting because they're patriotic, but rather because they want to get Trump.' The Supreme Court previously rejected Trump's first attempt on procedural grounds, but the White House signals it will keep pressing until the board's composition shifts. Removing Cook would hand Trump a decisive majority on the Board of Governors, yet markets are pricing a 64% chance of a rate hike by year-end as Core PCE and CPI sit at 12-month highs and unemployment ticked down to 4.2% in June.

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