Trump Says He Is Firing Fed Governor Lisa Cook—She Says He Lacks Authority To Do So

President Trump announced on Monday night that he was moving to fire Federal Reserve Governor Lisa Cook, citing allegations that she had committed mortgage fraud, marking a significant escalation in the president’s battle with the central bank’s leadership, who have so far resisted Trump’s demands to cut interest rates.

READ MORE: https://www.forbes.com/sites/siladityaray/2025/08/26/trump-says-he-is-firing-fed-governor-lisa-cook-she-says-he-lacks-authority-to-do-so/

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