Federal Reserve Board Governor Lisa Cook participates in a panel discussion on the U.S and global economy at the Federal Reserve Bank of Boston earlier this year. Cook is being targeted by President Donald Trump as he seeks more control over the Federal Reserve Board.
Courtesy photo
By Rick Wartzman
Contributing Writer
WASHINGTON — President Donald Trump’s attempt to fire Federal Reserve Board Governor Lisa Cook is, as some see it, part of a bigger push to force the central bank to lower interest rates. But if that is the case, Cook is an awfully curious target.
Of the 12 officials who sit on the rate-setting Federal Open Market Committee, she appears to be among the most likely to vote in favor of a rate cut when they meet next month.
Trump said last week that he was ousting Cook “f