https://www.live-feeds.com/feed/as-cook-case-smolders-trump-has-other-paths-to-shape-fed-policy-teamContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/as-cook-case-smolders-trump-has-other-paths-to-shape-fed-policy-teamhttps://www.live-feeds.com/feed/as-cook-case-smolders-trump-has-other-paths-to-shape-fed-policy-team#u50146Thu, 27 Aug 2026 13:55:39 +0000Federal Reserve Governor Lisa Cook has denounced renewed threats from Donald Trump to fire her from the central bank's governing board. Cook asserts there is "no legitimate basis for removal" regarding Trump's claims about mortgages. While Trump seeks to influence the Federal Reserve's policy team, Cook and her legal representation have issued defenses against the attempted ouster, arguing the administration lacks the legal authority to remove her. This conflict highlights a broader effort by Trump to gain more direct control over the Federal Reserve's leadership