“President Donald Trump called the governor of Fed Lisa Cook to resign After his loyal ally appealed to examine the case of her two mortgage loans, “writes Bloomberg. The agency indicates that this is another series of steps taken by Trump's administration in order to increase control over the nominets of the democratic party. Lisa Cook went to Fed thanks to former US president Joe Biden.
After calling Donald Trump to resign Lisy Cook The dollar weakened, the profitability of the US bonds reduced the losses, and the gold gained value.
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In a letter that the Bloomberg agency has previously published, Cook is accused of “falsification of bank documents and ownership in order to obtain more favorable terms of the loan, which is potentially a crime“.
The agency emphasizes that the resignation of Lisa Cook would create another opportunity to fill the position on the FED board, potentially tilting the scales to the republican side.
For now And it is not clear whether the investigation will be finally carried out. The Department of Justice refused to comment. Just like the federal reserve.
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Bloomberg reminds that President Trump has long been pressure on the central bank and the head of the Fed to lower their interest rates.
The Fed is a US central bank and plays a key role in shaping monetary policy. His independence means that he makes decisions largely autonomously, without direct control of the government or politicians. The FED is primarily responsible for price stability and supporting economic growth, and its decisions – e.g. regarding interest rates – are made by the Federal Open Market Committee (FOMC).
