President Trump has initiated an appeal against a court’s ruling that restrains his effort to dismiss Fed Governor Lisa Cook. This comes as the Federal Reserve prepares for a significant interest rate decision, with the administration citing supposed misconduct as the reason for Cook’s removal.
However, recent evidence appears to undermine the government’s accusations against Cook regarding her mortgage documents. As the Fed is anticipated to lower interest rates, this situation raises questions about the integrity of the central bank and its policies.
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