Trump, Federal Reserve and mortgage fraud
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President Donald Trump’s campaign to oust Federal Reserve Governor Lisa Cook, if successful, would give him the opportunity to exert more influence over the US central bank by securing a majority on its seven-member board of governors.
The Fed Board of Governors typically meets twice a month by teleconference or at the Federal Reserve headquarters in the Marriner S. Eccles Building at 2051 Constitution Avenue, NW Washington, DC ...
President Donald Trump on Wednesday demanded the resignation of Lisa Cook, a member of the Federal Reserve Board of Governors, in his latest effort to bend the independent central bank to his will.
Trump’s nominee could spark scrutiny of a central bank that has sweeping powers and a record of blunders.