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Highlights
- Trump fires Federal Reserve Governor Lisa Cook, signaling a high-stakes clash over central-bank independence and potential legal battles ahead.
- Cook says there is no lawful basis to dismiss her for cause and vows not to resign, challenging the administration's authority.
- Analysts warn a politically motivated firing could erode the Fed's inflation-control credibility and raise borrowing costs for households and businesses.
Vote 49
References
'You Don’t Have the Authority, I Will Not Resign': Fed Governor Lisa Cook Defies Trump’s Firing Attempt
Trump fires Fed governor Lisa Cook after allegation of mortgage fraud
Trump says he's removing Federal Reserve Gov. Lisa Cook, citing his administration’s allegations of mortgage fraud
Trump has accused Fed Governor Lisa Cook of mortgage fraud. Here’s what we know | CNN Business
Trump says he's removing Federal Reserve Gov. Lisa Cook
Trump blasted over 'blatantly unconstitutional' Federal Reserve ouster: 'Autocrat move'
Trump orders removal of Fed governor Cook over mortgage fraud claims
Trump removes Federal Reserve Governor Lisa Cook from office, citing fraud allegations
Trump says he's firing Fed Governor Lisa Cook, opening new front in fight for central bank control
Dollar Falls With Treasuries as Trump Seeks to Oust Fed’s Cook
Trump orders removal of Federal Reserve governor Lisa Cook
Trump says he'll fire Fed Reserve Governor Lisa Cook
US: Trump says he's firing Fed's Cook over fraud allegations – DW – 08/26/2025
Business live: Trump says he’s firing Fed governor Lisa Cook
Trump says he's removing Fed governor Lisa Cook over allegations of mortgage fraud
Trump declares war on the Fed, setting up a titanic struggle for world's most important central bank
Trump seeks to fire Fed governor, triggering fresh independence crisis
Schumer sounds alarm on savings, mortgages as Trump moves to fire Lisa Cook
Japans Nikkei falls to 2-week low as yen gains after Trump fires Feds Cook | Stock Market News
Gold hits 2-week high as dollar dips after Trump fires Fed's Cook
US Dollar Rebounds After Trump Escalates Battle Over Fed Independence | Investing.com
Trump Fires Fed Governor Lisa Cook, Opening New Front In Fight For Control Over Central Bank
Long US Bonds Fall as Threat to Fed’s Cook Stirs Inflation Worry
'Some authoritarian s***:' Dems rip Trump's unprecedented firing of Fed governor Lisa Cook
Trump says he's firing Federal Reserve Governor Lisa Cook. She says she won't resign
Read Trump’s Directive Firing Lisa Cook From Fed Role
Trump follows through on threat to fire Federal Reserve governor
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