US President Donald Trump announced on Monday that he fired Federal Reserve Governor Lisa Cook due to alleged improper mortgage loan activities. This unprecedented action challenges the boundaries of presidential power over the independent monetary policy institution.
Source: https://www.france24.com/en/americas/20250826-trump-federal-reserve-governor-lisa-cook
President Trump removes Federal Reserve Governor Lisa Cook amid mortgage loan controversy
You May Also Like
Physicians Perform Swine-to-Human Lung Transplantation – DW – 08/26/2025
