00:00Has he fired Lisa Cook and will she leave the Fed? And is he even able to do this?
00:06What is the exact, we're hearing all different reports, but has Lisa Cook left the Fed? Yes or no?
00:13The answer to that is no. As of this reporting, as of this moment, I'm not aware of that.
00:18As a matter of fact, it is stated that she is not going to step down.
00:22Does he have the authority to fire her? We shall see.
00:24There is certainly a lot of opinions as it relates to that.
00:28But I think really what he's after is just a solution to bring down the inflation, continue to bring it down, make America consumer things more affordable, interest rates, housing, everything across the board, just more affordable for the consumer.
00:44And I think that's where his focus is.
00:47So we shall see. There's a lot of opinions whether he has the authority to do so or not.
00:51But if she's not going to step down, can he fire her? And if he does fire her, will she leave? We shall see.
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