Is a Fed board member still a member when the Orange Blog declares otherwise? Via the Independent:

Federal Reserve Governor Lisa Cook said that she will not resign after Donald Trump vowed to remove her from the role “immediately”.

In a letter to Cook posted to social media by the White House on Monday evening, Trump claimed there is “sufficient reason” to believe that the policymaker “made false statements on one or more mortgage agreements.”

Trump touted his powers under the Constitution and U.S. law to justify the unprecedented move for a president to dismiss a member of the central bank's leadership.

Here are the basic facts. She owned two separate homes, claiming each of them as primary residences during the same period.

“I have no intention of being bullied to step down from m

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