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The lawyer for Fed Governor Cook stated that the fraud allegations have become Trump's "weapon of choice" for excluding dissent.
Golden Finance reports that U.S. President Trump’s fraud allegations against Federal Reserve Board of Governors member Lisa Cook have become his "preferred weapon" in clearing obstacles to his policy agenda, according to Cook's attorney during the first hearing in the lawsuit against her dismissal decision. Attorney Abbe Lowell stated to the judge in Washington on Friday that Trump’s repeated public criticisms of the Fed’s work indicate his intention to replace those governors who refuse to vote in favor of interest rate cuts. Cook’s side pointed out that Trump’s motives suggest that his dismissal of Cook lacks justifiable reasons.
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