Watch Fed Is on Verge of Credibility Crisis, Summers Says - Bloomberg

Sep 3rd, 2025

Fed Is on Verge of Credibility Crisis, Summers Says

Former US Treasury Secretary Lawrence H. Summers warns that President Donald Trump is "playing with fire in terms of inflation" in his attempts to oust Federal Reserve Governor Lisa Cook and appoint Stephen Miran. He speaks on Wall Street Week with David Westin.

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