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Trump fires Fed Governor Lisa Cook

Fed emphasizes its commitment to 'independence' as Lisa Cook pledges to sue over Trump's 'illegal' firing

President Donald Trump said he was firing Lisa Cook from her position on the Federal Reserve board, but it's unclear if he has the authority to do so.

The New York Times · 1h

Fed Governor Lisa Cook to Sue Over Firing, Asserting Trump Abused Power

Lawyers for Ms. Cook promised to take legal action one day after the president moved to fire her over allegations of mortgage fraud.

HuffPost on MSN · 10m

Fed Governor Lisa Cook To Sue Over Trump Attempt To Fire Her, Attorney Says

President Trump has no authority to remov Governor Lisa Cook,” her lawyer, Abbe Lowell, said in a statement on Tuesday. “His attempt to fire her, based solely on a referral letter, lacks any factual or legal basis.

Fed, Trump

The Washington Post on MSN · 2h

Trump’s move to take over the Fed adds more uncertainty to the economy

By seeking to remove Fed governor Lisa Cook, Trump has taken his boldest step so far in a campaign to bring the independent central bank under his control with consequences for the future of the economy.

The Financial Times · 3h

Trump’s reckless attacks on the Fed

Whatever the outcome, the assumption that the Fed will set rates based on its own economic judgments has been dealt a severe blow by Trump’s determination to undermine it. The president has recently called for policy rates to go down to 1 per cent,

CNN on MSN · 4h

Trump is playing with fire by messing with the Fed

President Donald Trump promised voters last fall he’d swiftly defeat inflation once back in the White House. Trump’s unprecedented attacks on the Federal Reserve could do the exact opposite.

40mon MSN

Trump's effort to fire Fed Governor Lisa Cook likely headed for Supreme Court

President Donald Trump's attempted removal of Lisa Cook from the Federal Reserve Board of Governors sets the stage for a ...

3hon MSN

Investors are salivating over rate cuts as Trump’s firing of Lisa Cook opens the door for a GOP Fed majority: ‘This is very positive’

The bigger risk the analysts are pointing to is structural. As analyst Jim Bianco explained on X, the Fed’s seven governors ...

4don MSN

Justice Department signals probe of Fed Governor Lisa Cook, as housing official says a third property is now under scrutiny

A Justice Department official is set to probe Federal Reserve Governor Lisa Cook after she was accused by a member of ...

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