What to know about Lisa Cook, Fed Governor who Trump says he's firing
- Posted on August 26, 2025
- By Business News Today
- 1 Views
What to know about Lisa Cook, Fed Governor who Trump says he's firing
President Trump declared his intention to fire Federal Reserve Governor Lisa Cook over mortgage fraud allegations, a move she contests, asserting the president lacks the authority. Cook, the first Black woman on the Fed's board, refuses to resign, sparking a conflict over the Fed's independence.
