Friday, 29 August 2025

Trump's Fed Attack Could Cause 'Economic Meltdown' | The Story

Aug 29, 2025 | President Trump announced on Truth Social this week that he had fired Federal Reserve board member Lisa Cook.

While most people had no idea who she was, her sacking could have a massive impact. The move is seen as part of the continued politicisation of the Fed, the US’s independent central bank and some economists fear it could be the start of a journey towards economic meltdown in America with global repercussions.

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Guest: Mehreen Khan,  Economics Editor, The Times.
Host: Manveen Rana.