Kevin Warsh’s the work has become much more difficult.
President that of Donald Trump latest threat to oust Federal Reserve governor. Lisa Cook it revives its attempt to subjugate the central bank and raises new questions about the political autonomy of the Fed.
Now he will return to War, Trump’s new head of the Fed, to figure out how to guide the institution through the turmoil.
The president, who had already been blocked once from impeaching Cook by the Supreme Court on due process grounds, is trying his luck again by forming a panel of administration officials to review his statements about home loans, which he and his aides say are evidence of mortgage fraud. He demanded that Cook to appear at a White House hearing next month to defend himself.
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