Lisa Cook - the Federal Reserve governor who finds herself at the centre of Donald Trump's ire - was appointed to the role in 2022 by Democratic President Joe Biden, becoming the first African American to serve in the role. There are seven governors on the Fed's board and they each play a key role in setting the monetary policy of the US.

President Trump in recent days has found himself at the center of several battles from redistricting efforts across the country to his federal takeover of Washington and threats to spread to other blue-led states to his move to oust Federal Reserve board of governors member Lisa Cook over mortgage fraud claims.

The Lindsey Group CEO Larry Lindsey breaks down the recent stock market rally fueled by Jerome Powell's Jackson Hole speech on 'Mornings with Maria.'