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Rhiannon12866

(242,025 posts)
Tue Aug 26, 2025, 07:59 PM Aug 26

How Trump's attempts to control Federal Reserve board threaten its long-held independence - PBS NewsHour



Trump made it clear he is seeking more control of the Federal Reserve. He said he fired Fed Governor Lisa Cook from the bank's board, but she says she's not leaving and will take the administration to court. At stake is the balance of power on the nation's top bank, which could undermine its long-held independence. Amna Nawaz discussed more with Lael Brainard and David Wessel. - Aired on 08/26/2025.
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