Trump moves to fire Lisa Cook from Federal Reserve board

Aug 26, 2025 - 02:00
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Trump moves to fire Lisa Cook from Federal Reserve board
President Trump on Monday moved to fire Federal Reserve board member Lisa Cook over allegations she committed mortgage fraud. “I have determined that there is sufficient cause to remove you from your position,” Trump wrote in a letter to Cook, which was posted on Truth Social. Trump last week called for Cook, who was appointed by former…