Donald Trump revives threat to sack Fed governor Lisa Cook

Donald Trump has revived threats to dismiss Federal Reserve Governor Lisa Cook. This move follows a June Supreme Court ruling stating that the policymaker could maintain her position while the legal case is resolved. The White House is currently considering the removal of Governor Lisa Cook. Such an action could potentially undermine the independence of the Federal Reserve, leading to destabilized financial markets and a significant shift in global trust regarding the central bank's operational autonomy.