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LN24 > Blog > Federal Reserve controversy
Trump Cites Mortgage Fraud in Firing Federal Reserve Governor Lisa Cook
26
Aug

Trump Cites Mortgage Fraud in Firing Federal Reserve Governor Lisa Cook

  • LN24 / 3 months
  • 0
  • 4 min read

President Donald Trump announced on Monday night that he is removing Federal Reserve Governor Lisa Cook from her position, effective immediately. This action marks an unprecedented step in the ongoing efforts by the president to influence the Federal Reserve, an institution traditionally regarded as independent from daily political pressures. In a statement posted on his […]

President Trump said the Fed should lower interest rates by 3 or 4 points to 1%
18
Aug

President Trump said the Fed should lower interest rates by 3 or 4 points to 1%

  • LN24 / 3 months
  • 0
  • 8 min read

President Donald Trump has repeatedly stated that the Federal Reserve should lower interest rates by at least 3 percentage points—and in some cases suggested up to 4 points—to bring the federal funds rate down to around 1% from its current range of approximately 4.25% to 4.5%. This would aim to stimulate economic growth and reduce […]