The president promised to “take appropriate action immediately” against Lisa D. Cook, a Fed governor.
Source: [NYT Politics](https://www.nytimes.com/2026/06/29/us/politics/trump-fire-fed-governor-cook.html)
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Oil prices were lower on Wednesday after Iran said it would not meet with U. S. delegates for talks in Qatar, amplifying concern about the peace process.
New Federal Reserve chief Kevin Warsh gave no hint as to whether the central bank would raise interest rates in July and repeated his dislike of so-called forward guidance to alert investors to future Fed actions.
For a president known to have little sympathy for, much less interest, in constitutional niceties, the details of the veto power may mean little to Trump. But they mattered to the country’s Founders, and therefore surely to us.
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