Federal Reserve Governor Lisa Cook signaled her intention to remain at the central bank, despite calls for her resignation by President Donald Trump over allegations of mortgage fraud.
Cook said she will gather accurate information to answer any legitimate questions and provide the facts, and that she has no intention of being bullied to step down from her position.
Senator Elizabeth Warren said the Trump administration "should not weaponize the federal government to illegally fire independent Fed Board members", according to her emailed statement.
Meanwhile, Vice President JD Vance said negotiations over ending Russia’s war in Ukraine are focused on security guarantees for Ukraine and territory Russia wants to control.
Today’s guests: Karen Ward, JPMorgan Asset Management EMEA Chief Market Strategist, Ester Baiget, Novonesis CEO
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Chapters:
00:00:00 – The Pulse
00:01:21 – Fed’s Cook: Won’t be Bullied Into Stepping Down
00:09:47 – Karen Ward, JPMorgan Asset Management EMEA Chief Market Strategist
00:13:05 – Vance Says Russia Wants Territory That’s Under Ukraine’s Control
00:16:51 – Israel to Double Army Reservists in Gaza
00:19:07 – Economic Impact of Trump’s Trade War
00:24:42 – UK Tax Hikes Loom as Rachel Reeves Faces Budget Dilemma
00:33:46 – Africa’s Richest Person Wants to Dominate Oil Refining
00:41:21 – Ester Baiget, Novonesis CEO
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