#TrumpFiresFedGovernorCook 📌 Trump announces the firing of Fed Governor Lisa Cook
In the over 100-year history of the Federal Reserve (Fed), no president has ever successfully fired a Fed Governor.
On August 25–26, President Donald Trump declared that he had "dismissed" Ms. Lisa Cook with accusations related to mortgage records. However, Ms. Cook's side asserts that this move is illegal, refusing to resign and stating that she will sue to protect her position.
👉 Currently, the Fed confirms that Ms. Cook remains in position, and the case is expected to potentially extend through the legal process, possibly up to the Supreme Court.
In the over 100-year history of the Federal Reserve (Fed), no president has ever successfully fired a Fed Governor.
On August 25–26, President Donald Trump declared that he had "dismissed" Ms. Lisa Cook with accusations related to mortgage records. However, Ms. Cook's side asserts that this move is illegal, refusing to resign and stating that she will sue to protect her position.
👉 Currently, the Fed confirms that Ms. Cook remains in position, and the case is expected to potentially extend through the legal process, possibly up to the Supreme Court.