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Benzinga
Benzinga
Business
Rishabh Mishra

Trump's Firing Of Lisa Cook Could Hand Him A Rare FOMC Majority That Could Block 'Regional Fed Presidents From Being Reappointed,' Says Craig Shapiro

After Jerome Powell, Trump Turns His Fire On Fed’s Lisa Cook

President Donald Trump‘s firing of Federal Reserve Governor Lisa Cook on Monday could trigger a significant power shift within the central bank, potentially creating a Trump-appointed majority on its board and raising concerns over the future of regional Fed presidents, explained the macro strategist at the Bear Traps Report, Craig Shapiro.

How Can Trump Get His Favored FOMC Majority?

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