The Federal Reserve is in uncharted waters after President Donald Trump took the unprecedented step to fire Fed Governor Lisa Cook, potentially adding to the turnover among policymakers and an expected rise in split votes. That raises the question of what would happen if there was a tie on the Federal Open Market Committee.

There has never been a tie vote on the rate-setting Federal Open Market Committee, but the Federal Reserve has also never been under attack like it is now.

That’s after President Donald Trump took the unprecedented step Monday to fire Fed Governor Lisa Cook, who has sued to block the move. A judge heard arguments in the case on Friday but didn’t issue a ruling.

Meanwhile, the composition of the Fed is changing, tilting the central bank more dovish. Trump has nam

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