Federal Reserve Governor Lisa Cook says she will not step down after President Trump said he fired her due to alleged mortgage fraud. Cook says the president has no authority to fire her from her Federal Reserve position.
Loretta Mester, the former president of the Cleveland Fed, joins Market Domination to discuss the evolving story and the implications of Trump taking aim at a Fed governor while he pressures the central bank to lower interest rates.
To watch more expert insights and analysis on the latest market action, check out more Market Domination here: https://finance.yahoo.com/videos/series/market-domination/
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