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Market sources cited by FXStreet reported that Federal Reserve Governor Lisa Cook has filed suit against former President Donald Trump challenging her removal from the central bank. The account remains subject to independent verification, and market participants are awaiting official legal filings and statements before treating the report as confirmed.
The disclosure has prompted a reassessment of governance and policy risk across macro markets, with traders repricing potential impacts to USD liquidity, short-term rates and regulatory trajectories. Given their sensitivity to macro volatility, crypto markets could experience elevated intraday moves as funding costs and stablecoin flows adjust to changing risk sentiment.
Institutional desks and portfolio managers should monitor formal legal notices, Fed communications and key on-chain metrics, maintaining disciplined risk management and liquidity buffers while developments are substantiated.
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