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The Zhitong Finance App learned that the White House said this week that US President Donald Trump is “considering” firing Federal Reserve Governor Lisa Cook. This move marks Trump's reinitiation of the removal process of Biden's appointed director after the US Supreme Court temporarily blocked his dismissal order in June. Meanwhile, there are reports that Trump has spoken with Kevin Walsh many times since he was confirmed by the Senate as chairman of the Federal Reserve in May. The independence of the Federal Reserve is being tested as never before.

Zhitongcaijing·08/08/2026 01:49:02
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The Zhitong Finance App learned that the White House said this week that US President Donald Trump is “considering” firing Federal Reserve Governor Lisa Cook. This move marks Trump's reinitiation of the removal process of Biden's appointed director after the US Supreme Court temporarily blocked his dismissal order in June. Meanwhile, there are reports that Trump has spoken with Kevin Walsh many times since he was confirmed by the Senate as chairman of the Federal Reserve in May. The independence of the Federal Reserve is being tested as never before.