Thursday, August 28, 2025

How Trump Could Gain Control of the Fed

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new video loaded: How Trump Could Gain Control of the Fed

By Ben Casselman, Melanie Bencosme, June Kim, Gabriel Blanco and Jon Hazell

President Trump’s attempt to fire Lisa Cook has laid bare the erosion of the Federal Reserve’s independence, which could lead to economic consequences for Americans, The New York Times’s chief economics correspondent explains.

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