Trump: After dismissing Federal Reserve Governor Cook, a "majority" around the advocacy for interest rate cuts will soon form within the Federal Reserve

Wallstreetcn
2025.08.26 19:04

U.S. President Trump: (Regarding the removal of Lisa Cook from her position as a Federal Reserve Board member) is prepared to face legal battles.

(I) often face legal battles.

Cook seems to have engaged in misconduct.

We need individuals who are 100% above the Federal Reserve Board members.

I have some very excellent candidates in mind for replacing Cook.

Fortunately, Federal Reserve Chairman Powell quickly stepped aside.

We may quickly secure a more long-term position for the newly appointed Federal Reserve interim member Miran.

We will soon have a majority in the Federal Reserve (decision-making leadership).

Housing costs must be reduced

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