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Trump fires Fed Gov. Lisa Cook

Trump fires Fed's Cook alleging false statements on mortgage forms

U.S. President Donald Trump on Monday took the unprecedented action of firing Lisa Cook, the first African-American woman to serve as a Federal Reserve governor, over claims of mortgage borrowing impropriety.

USA TODAY on MSN · 18m

Trump said he fired a Fed Gov. She said she's not stepping down. Who is Lisa Cook?

Former President Joe Biden appointed Cook as governor of the Federal Reserve in 2022, making her the first Black woman to serve in the role.

NBC News on MSN · 1h

Trump says he's removing Federal Reserve Gov. Lisa Cook, citing his administration’s allegations of mortgage fraud

Cook, the first Black woman to serve on the Federal Reserve Board, responded by saying that Trump has no authority fire her and she would continue to carry out her duties.

Can Trump fire Fed's Cook? What's known about the legal premise

U.S. President Donald Trump on Monday took the unprecedented step of ordering Governor Lisa Cook removed from the Federal ...

Fed Nixes Focus on Labor ‘Shortfalls’

In its 2020 framework statement, the Fed said it would focus on mitigating “shortfalls,” rather than “deviations,” from its ...

Fed Minutes to offer clues on rate cut possibility amid uncertain tariff landscape

The Federal Open Market Committee (FOMC) decided to keep the interest rate unchanged at the July meeting. In the policy statement, the Fed reiterated that inflation was still “somewhat elevated,” ...

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