Lisa Cook vs. Trump: Fed Fight Heats Up

Federal Reserve Governor Lisa Cook wins a temporary reprieve from being fired by President Trump after allegations of mortgage fraud surfaced. A federal judge blocked Trump's move, citing concerns about due process and the Fed's independence, allowing Cook to participate in a crucial upcoming interest rate meeting. The Justice Department is expected to appeal, potentially setting up a Supreme Court showdown with major implications for the stability of the financial system. Hosted on Acast. See acast.com/privacy for more information.