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‘I will not resign’: Fed Gov Lisa Cook defies Trump in an extraordinary power struggle

Invezz Tuesday, 26 August 2025 ()
In an unprecedented and explosive assault on the independence of the US central bank, President Donald Trump has declared he is immediately removing Federal Reserve official Lisa Cook from her position. The move, announced in a late-night social media post, represents a dramatic escalation in his long-running war against the institution and has set the […]
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