Trump seeks to fire Fed governor Lisa Cook -- but a legal fight looms

Trump says he's firing Cook after one of his allies accused her of making false statements on a mortgage application. Cook said the president has no authority to fire her and vowed to stay.

Aug 26, 2025 - 13:30
 0  4
Trump seeks to fire Fed governor Lisa Cook -- but a legal fight looms
President Trump moved to fire Federal Reserve governor Lisa Cook, in an escalation of Trump

Trump says he's firing Cook after one of his allies accused her of making false statements on a mortgage application. Cook said the president has no authority to fire her and vowed to stay.

(Image credit: Drew Angerer)

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow