Federal-Reserve-Independence

Federal Reserve Nominee Plans Unprecedented Dual Role With White House

| Importance: 9/10

Stephen Miran, President Trump’s nominee for the Federal Reserve Board, announced he intends to maintain his position as White House economic adviser if confirmed, taking unpaid leave rather than resigning. This arrangement is unprecedented in Federal Reserve history, where governors have …

Stephen Miran Donald Trump Federal Reserve Board White House institutional-capture federal-reserve-independence conflicts-of-interest regulatory-capture
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DOJ Opens Criminal Investigation Against Federal Reserve Governor Following Trump Removal Attempt

| Importance: 9/10

The Department of Justice opened a criminal investigation into Federal Reserve Governor Lisa Cook over alleged mortgage fraud, stemming from accusations that she listed two properties as primary residences on mortgage applications. The investigation follows Trump’s failed attempt to fire Cook …

Lisa Cook Department of Justice Donald Trump Bill Pulte Federal Reserve weaponization-of-justice selective-prosecution federal-reserve-independence political-retaliation
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