Trump Moves to Fire Federal Reserve Governor Lisa Cook, Citing Mortgage Fraud Allegations. This action marks a major escalation in the President's conflict with the Federal Reserve, following his repeated calls for interest rate cuts. Cook denies the allegations and challenges the President's authority to remove her
Trump Fires Federal Reserve Governor Lisa Cook: President Trump issued a letter removing Federal Reserve Governor Lisa Cook, citing alleged mortgage fraud. Cook denies the allegations and challenges the legality of her dismissal. This action escalates Trump's conflict with the Federal Reserve over interest rate policy
Trump's attempt to fire Federal Reserve Governor Lisa Cook sparks controversy. Citing alleged mortgage fraud and claiming authority under the Federal Reserve Act, President Trump issued a letter declaring her removal "for cause." Cook denies the allegations and challenges the legality of his action, refusing to resign
President Trump's attempt to fire Federal Reserve Governor Lisa Cook sparks controversy. The White House letter cites mortgage fraud allegations—claiming Cook falsely listed two properties as her primary residence—allegations she vehemently denies. This action escalates the ongoing conflict between Trump and the Federal Reserve over interest rate policies
President Trump moves to fire Federal Reserve Governor Lisa Cook, citing alleged mortgage fraud and questioning her integrity. He claims authority under the Federal Reserve Act, but Cook disputes the legality of her dismissal and refuses to resign, citing lack of "cause" as defined by law. This action marks a significant escalation in Trump's conflict with the Federal Reserve
Federal Reserve Governor Lisa Cook Defies Trump's Firing, Citing Lack of Legal Authority. Cook rejects President Trump's claim of "cause" for her dismissal, asserting his action is unlawful and vowing to continue serving the American economy. She maintains her commitment to her duties, initiated in 2022, despite the White House's attempt to remove her
Senator Elizabeth Warren slams President Trump's firing of Federal Reserve Governor Lisa Cook as an authoritarian power grab, violating the Federal Reserve Act. Warren alleges Trump's action is a scapegoat attempt to deflect blame for his inability to lower costs for Americans. She predicts any court upholding the law will overturn the dismissal
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