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Trump Moves to Fire Fed Official, Setting Up Historic Legal Fight | Bloomberg The Pulse 8/26/2025
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August 26, 2025
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48:20Now PlayingDonald Trump moved to oust Fed Governor Lisa Cook following allegations that she falsified mortgage documents. In a letter posted on Truth Social Monday, Trump said he had “sufficient cause” to fire Cook, the first Black woman to serve on the Fed Board in Washington, based on the allegations she made false statements on one or more mortgage loans. In France, Prime Minister Francois Bayrou called a confidence vote that may topple France’s government as soon as next month, prompting a selloff in French assets as investors hedged for more political uncertainty. The far-right National Rally party, the leftist France Unbowed and the Greens all said they would vote against the Sept. 8 motion while the Socialists said they wouldn’t back the government.
Today's guests: Christian Mueller-Glissmann, Goldman Sachs Head of Asset Allocation Research, Tina Fordham, Fordham Global Foresight Geopolitical Strategist and Founder
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