Trump Could Swing Fed With This 1 Weird Trick: Ex-Fed Gov.

Curated from Law360: Legal Industry — Here’s what matters right now:

A former top Federal Reserve official told Democratic lawmakers on Wednesday that if President Donald Trump succeeds in quickly ousting Fed Gov. Lisa Cook, it could unlock an obscure mechanism for his allies at the Fed to sway future interest-rate decisions.

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Original reporting: Law360: Legal Industry

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