Trump fires Fed Res governor Cook
Squawk Box Europe Express · CNBC International
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Show Notes
President Trump dismisses Federal Reserve governor Lisa Cook over alleged mortgage loan improprieties but Cook says Trump has no grounds to remove her. In France, Prime Minister Francois Bayrou says he will put his budget cuts to a confidence vote in parliament. The three main opposition parties have already vowed to oppose his measures. And President Trump has threatened further tariffs on countries that tax or regulate American tech companies and his administration is also considering sanctions on EU or member state officials for implementing the Digital Services Act.
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