△ Lisa Cook (image data)
It was learned on the 21st local time that the U.S. Department of Justice plans to investigate Fed Governor Lisa Cook and urge Fed Chairman Powell to remove her from her position.
Previously, Fed Governor Cook stated that the trade policy being advanced by U.S. President Trump could inhibit U.S. productivity and potentially force the Fed to raise interest rates in a deteriorating economic environment to contain inflation. On August 20th, Trump posted on his social media platform “Truth Social” that Fed Governor Lisa Cook must immediately resign. (reported by Liu Xu)