Why The Market Does Not Care About Trump Firing Fed Governor Lisa Cook
- Dr. Bruce Moynihan
- Sep 1, 2025
- 5 min read
The financial world often braces for turbulence whenever the Federal Reserve enters the headlines. Decisions involving interest rates, monetary policy, or leadership shifts at the Fed typically spark immediate reactions in bond yields, equities, and currencies. Yet, in the case of President Donald Trump’s decision to fire Federal Reserve Governor Lisa Cook, markets have remained calm. Despite the political drama, investors appear largely indifferent. This raises a critical question: why has such a high-profile firing failed to rattle Wall Street?
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