Fed, Lisa Cook and Donald Trump
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A letter to the Fed chair from Justice Department official Ed Martin said Cook’s case 'requires further examination,' Bloomberg reported.
The DOJ is potentially launching an investigation into Federal Reserve Governor Lisa Cook — unless she's fired first
The Justice Department signaled possible plans to investigate Federal Reserve Governor Lisa Cook, with a top official informing Federal Reserve Chair Jerome Powell of the probe and encouraging him to remove her from the board in a letter sent Thursday.
Economists have long preferred independent central banks because they can more easily take unpopular steps to fight inflation.