Aug 26 Watch 12:27 How Trump's attempts to control Federal Reserve board threaten its long-held independence By Amna Nawaz, Winston Wilde, Jackson Hudgins President Trump made it clear he is seeking more control of the Federal Reserve. He said he fired Fed Governor Lisa Cook from the bank's board, but she says she's not leaving and will take the administration to court. At… Continue watching
Aug 26 WATCH: Trump reacts to Fed's Lisa Cook vowing legal action against firing By Associated Press President Donald Trump said “we have some very good people” in mind to replace Cook if she’s removed. Continue reading
Aug 26 Trump says he's firing Federal Reserve Governor Lisa Cook. She says she won't resign By Christopher Rugaber, Will Weissert, Associated Press Cook said Monday night that Trump has no authority to fire her and she would not step down. Continue reading
Aug 20 Trump calls on Federal Reserve official to resign after ally accuses her of mortgage fraud By Christopher Rugaber, Associated Press Bill Pulte, director of the agency that oversees mortgage giants Fannie Mae and Freddie Mac, urged the Justice Department to investigate Cook, who was appointed to the Fed's governing board by former president Joe Biden in 2022. Continue reading