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/