Trump Seeks to Dismiss Fed Governor Cook, White House Forms Investigation Committee

President Trump is intensifying efforts to dismiss Federal Reserve Governor Cook, with the White House announcing the formation of an investigation committee to look into allegations of false statements made by Cook in mortgage documents. This is the latest move by Trump to reshape the leadership of the Federal Reserve. With only a few weeks remaining until the Fed's next monetary policy meeting, and after Fed officials voted unanimously to raise interest rates last month, their stance contradicts Trump's call for rate cuts.

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