However,
Usa/fed: trump calls resignation lisa:
The manager of the Housing Financing Agency Bill Pulte. For example, appointed by the Republican President, accuses the FOMC member of having fraud to obtain real estate loans. Consequently,
Unhappy with monetary policy led by the Federal Reserve (Fed). Moreover, US President Donald Trump wishes to strengthen his control over the institution, notably by calling for the resignation of one of its officials, Lisa Cook, in order to be able to replace it with a person closer to his ideas.
Even before his return to the White House. Consequently, at the end of January, the 79 -year -old Republican regularly attacked the president of the Fed, Jerome Powell, accusing him too long in lowering the rates, which, according to him, would reduce the cost of the American debt.
But even more so. Therefore, a drop in rates would allow you to usa/fed: trump calls resignation lisa support its economic policy, customs duties and lower taxes for the richest in particular, by increasing access to loan.
On Wednesday. Therefore, the American president attacked another member of the Fed Monetary Policy Committee (FOMC), Lisa Cook, the first African American woman to be appointed to the prestigious position of governor, in 2022 by Joe Biden.
And for good reason: the president of the Fed is only one voice among the twelve members of the FOMC. a body which determines the movements of the rates of the American central bank, to get rid of it could therefore prove to be insufficient to rotate the monetary policy of the institution.
Everything started from accusations coming from the head of the Housing Financing Agency (FHFA), Bill Pulte, appointed by Mr. Trump. according to whom Cook would have “falsified bank documents and property registers in order to obtain favorable borrowing conditions” for two usa/fed: trump calls resignation lisa real estate loans, reported the specialized agency Bloomberg.
The director of the FHFA asked in the wake of the justice department to open an investigation targeting Lisa Cook. believing that “fraud to the mortgage is under criminal legislation”, according to the document reproduced by the news agency.
Lisa “Cook must resign now!” Wrote the American president, sharing Bloomberg’s article.
The presidency of the Fed as a goal
Such a resignation would allow Donald Trump to strengthen his control over the Fed by having two seats to be renewed. to designate more online economic personalities with his policy.
The American president relentlessly attacks the president of the Fed. Jerome Powell, according to him “too slow” to lower interest rates, and hopes to replace him with a person closer to his ideas after Mr. Powell’s mandate, next May.
“Could someone say too slow + Powell that he damages the construction sector?” usa/fed: trump calls resignation lisa People no longer have access to real estate loans, everything points to the need for a significant drop in rates. + Too slow+ disaster, ”wrote Donald Trump on Tuesday evening, on his social social account.
The choice of his successor is a highly strategic appointment. at a time when the customs war launched by the American president has made the economic prospects uncertain.
According to the Treasury Secretary Scott Bessent. the US government has eleven candidates for the position, among which he plans to present several names to Donald Trump in early September.
Among the personalities seen as potential successors of Mr. Powell. the current main adviser to the economy of the American president, Kevin Hasset, or a former member of the Fed, Kevin Warsh, are those cited most regularly.
The American president has already taken advantage of the resignation of another Fed official. Adriana Kugler, to appoint one of usa/fed: trump calls resignation lisa her close economic advisers, Stephen Miran, before the renewal planned for this position, at the end of January.
The appointment of Stephen Miran. who so far advised the president and defended his economic policy in the media, must still be confirmed by the Senate with a republican majority.
Usa/fed: trump calls resignation lisa
Further reading: Boralex has not received satisfactory offers for its hydroelectric power plants – Already more than 15,000 jobs lost this year due to bankruptcies: a very special sector is the most affected – Unemployment in Luxembourg: 18,396 job seekers registered at ADEM – Totalnergies environment permits in Feluy arrived, the renewal procedure is underway – Product recall: Salmonella in poultry merguez.