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The White House formally created a committee of inquiry to investigate allegations against Federal Reserve Governor Lisa Cook. Whatever the legal endgame, the political message is unmistakable: the administration is now testing how far it can push on the central bank without looking like it is simply trying to muscle it around.
Why it matters: fed pressure
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The White House formally created a committee of inquiry to investigate allegations against Federal Reserve Governor Lisa Cook. Whatever the legal endgame, the political message is unmistakable: the administration is now testing how far it can push on the central bank without looking like it is simply trying to muscle it around.
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