Trump’s Control Of Federal Reserve,a “Serious Danger” -ECB President
By: Aremu Toyeebaht European Central Bank (ECB) President, Christine Lagarde, has cautioned that allowing U.S. President, Donald Trump to assert direct control over the Federal Reserve would pose a “serious danger” to both the American and global economy. Speaking on Monday, Lagarde expressed concern over Trump’s reported efforts to "remove Federal Reserve governor Lisa Cook", a move critics argue is part of a wider push to reshape the U.S. central bank with allies sympathetic to his calls for lower interest […]