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Who is Lisa Cook, Federal Reserve governor targeted by Trump?
President Trump on Monday doubled down on his pressure campaign against Federal Reserve Governor Lisa Cook, urging the board member to resign or be fired following allegations of mortgage fraud. The effort to remove her from the position has exacerbated Trump’s feud with the Federal Reserve after months of tension between the president and Fed Chair Jerome Powell surrounding interest cuts. Powell signaled last week that a rate cut could be possible in September. “I have determined that there is sufficient cause to remove you from your position,” Trump wrote in his letter to Cook, posted to Truth Social on ... (full story)
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US Pres Trump Removes Fed's Cook From Position, Effective Immediately – TSL pic.twitter.com/iwq563ZY4H TRUMP REFERENCES MORTGAGE-RELATED ACCUSATIONS IN MESSAGE TO FED’S COOK. Trump says he is removing Fed Governor Lisa Cook from her position in a post on his social media account pic.twitter.com/gLo3aYVH4y
President Trump said late Monday he has removed Federal Reserve Governor Lisa Cook from her post, following through on a threat to oust her if she refused to resign. The decision comes after members of his administration alleged Cook engaged in mortgage fraud related to the purchase of two properties earlier this decade. "You are hereby removed from your ...
President Donald Trump on Monday fired Federal Reserve Governor Lisa Cook, according to a letter on his Truth Social, an unprecedented move and a significant escalation of his attacks on the independence of the U.S. central bank. “Pursuant to my authority under Article II of the Constitution of the United States and the Federal Reserve Act of 1913, as ...
