Washington, Aug 26, 2025 (AFP) - Trump moves to fire Fed governor, escalating effort to control central bank

NAMPA / AFP
2025-08-26
Donald Trump's move to fire Federal Reserve Governor Lisa Cook has marked a dramatic escalation in his effort to control the US central bank -- in a step that puts the institution's independence at risk. For months, the US leader has been calling for the bank to slash interest rates, lashing out repeatedly at Fed Chair Jerome Powell for being "too late" and calling him a "moron." But policymakers have been holding rates steady as they monitor the......
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KATIMA MULILO, 26 August 2025 - Members of the Namibian Defence Force marches to commemorate Heroes Day in Katima Mulilo on Tuesday. (Photo: Mulisa Simiyasa) NAMPA

KATIMA MULILO, 26 August 2025 - Members of the Namibian Defence Force marches to commemorate Heroes Day in Katima Mulilo on Tuesday. (Photo: Mulisa Simiyasa) NAMPA

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KATIMA MULILO, 26 August 2025 - President Netumbo Nandi-Ndaitwah at the Heroes Day commemoration in Katima Mulilo on Tuesday. (Photo: Mulisa Simiyasa) NAMPA

KATIMA MULILO, 26 August 2025 - President Netumbo Nandi-Ndaitwah at the Heroes Day commemoration in Katima Mulilo on Tuesday. (Photo: Mulisa Simiyasa) NAMPA

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KATIMA MULILO, 26 August 2025 - A section of the war veteran for the liberation struggle of Namibia at the Heroes Day commemoration in Katima Mulilo on Tuesday. (Photo: Mulisa Simiyasa) NAMPA

KATIMA MULILO, 26 August 2025 - A section of the war veteran for the liberation struggle of Namibia at the Heroes Day commemoration in Katima Mulilo on Tuesday. (Photo: Mulisa Simiyasa) NAMPA

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KATIMA MULILO, 26 August 2025 - President Netumbo Nandi-Ndaitwah inspects the parade at the Heroes Day commemoration in Katima Mulilo on Tuesday. (Photo: Mulisa Simiyasa) NAMPA

KATIMA MULILO, 26 August 2025 - President Netumbo Nandi-Ndaitwah inspects the parade at the Heroes Day commemoration in Katima Mulilo on Tuesday. (Photo: Mulisa Simiyasa) NAMPA

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KATIMA MULILO, 26 August 2025 - President Netumbo Nandi-Ndaitwah delivers her key note address at the Heroes Day commemoration in Katima Mulilo on Tuesday. (Photo: Mulisa Simiyasa) NAMPA

KATIMA MULILO, 26 August 2025 - President Netumbo Nandi-Ndaitwah delivers her key note address at the Heroes Day commemoration in Katima Mulilo on Tuesday. (Photo: Mulisa Simiyasa) NAMPA

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ONGWEDIVA, 26 August 2025 - MTC spokesperson John Ekongo speaking during the Media briefing held on Monday at OATF. (Photo: Maria David)NAMPA

ONGWEDIVA, 26 August 2025 - MTC spokesperson John Ekongo speaking during the Media briefing held on Monday at OATF. (Photo: Maria David)NAMPA

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ONGWEDIVA, 25 August 2025 - Oshakati Premier Electric (OPE) Chief Executive Officer Nelson Sheya during a stakeholder engagement held on Monday at Ongwediva. (Photo: Maria David)NAMPA

ONGWEDIVA, 25 August 2025 - Oshakati Premier Electric (OPE) Chief Executive Officer Nelson Sheya during a stakeholder engagement held on Monday at Ongwediva. (Photo: Maria David)NAMPA

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KATIMA MULILO, 24 August 2025 - Regional Chairperson of the IPC in the Zambezi Region and Member of Parliament, Elvis Lizazi (third from left) flanked by other senior IPC cadres in Katima Mulilo.

(Photo: Michael Mutonga Liswaniso) NAMPA

KATIMA MULILO, 24 August 2025 - Regional Chairperson of the IPC in the Zambezi Region and Member of Parliament, Elvis Lizazi (third from left) flanked by other senior IPC cadres in Katima Mulilo. (Photo: Michael Mutonga Liswaniso) NAMPA

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