Trump fires Fed governor Lisa Cook, opening new front in fight for control over central bank
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President Donald Trump has fired Federal Reserve Governor Lisa Cook, intensifying his efforts to gain control over the central bank, which is traditionally independent from political influence. Trump cited allegations of mortgage fraud against Cook, made by Bill Pulte, a Trump appointee to the agency overseeing Fannie Mae and Freddie Mac. This move marks a significant escalation in Trump's ongoing battle with the Federal Reserve.
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