Fed governor Lisa Cook slams Trump’s renewed threat to fire her
Federal Reserve Governor Lisa Cook is pushing back against President Trump's renewed threat to fire her, citing no legitimate basis for removal. Cook's defense comes after Trump questioned her over alleged mortgage paperwork issues.
Listen to Live Briefing
Real-time synthesized voice briefing · Live Feeds Desk
- ✓ Lisa Cook says Trump has no grounds to fire her over 'inadvertent' mortgage paperwork
- ✓ The Supreme Court blocked Trump from firing Cook from the Federal Reserve in late June
- ✓ Cook's response to renewed threats from the White House came in a letter late Wednesday
What changed
Lisa Cook's public response to Trump's renewed threat to fire her marks an escalation in the dispute.
Live updates
-
Fed Governor Lisa Cook Defends Herself Against Trump's Removal Threat
Federal Reserve Governor Lisa Cook is pushing back against President Trump's renewed threat to fire her, citing no legitimate basis for removal. Cook's defense comes after Trump questioned her over alleged mortgage paperwork issues.
Why it matters
The dispute centers on Trump's authority to remove Cook from the Federal Reserve. The Supreme Court previously blocked Trump's attempt to fire Cook but left the door open for future actions. This development highlights the ongoing tensions between the White House and the Federal Reserve.
What is confirmed
- Lisa Cook says Trump has no grounds to fire her over 'inadvertent' mortgage paperwork
- The Supreme Court blocked Trump from firing Cook from the Federal Reserve in late June
- Cook's response to renewed threats from the White House came in a letter late Wednesday
Still unconfirmed
- Trump plans to mark the 9/11 25th anniversary at the Pentagon instead of the World Trade Center
What to watch next
- The Federal Reserve's response to further White House actions
- Trump's next move regarding Cook's position at the Federal Reserve
- The Senate's reaction to the dispute
confidence 85%Sources used for this update (14)
- Axios — Fed governor Lisa Cook: "No legitimate basis for removal" on Trump mortgage claims
- vox.com — Trump’s new attempt to seize control of the Federal Reserve, explained
- The New York Times — Fed Governor Targeted by Trump Issues Defense Against Attempted Ouster
- CNBC — Fed Gov Lisa Cook’s lawyer fires back at Trump's renewed threat to oust her
- AP News — Fed governor Lisa Cook slams Trump’s renewed threat to fire her
- Bloomberg — Fed’s Cook Denies Wrongdoing as Trump Renews Bid to Fire Her
- Financial Times — Lisa Cook says Trump has no grounds to fire her over ‘inadvertent’ mortgage paperwork
- www.cnbc.com — Fed's Lisa Cook turns mortgage allegations back on Trump and his Cabinet
- www.ocregister.com — Fed governor Lisa Cook slams Trump’s renewed threat to fire her
- www.marinij.com — Republicans face a midterm verdict as Iran war drags on months longer than Trump promised
- www.yahoo.com — Trump Planning To Skip The 9/11 25th Anniversary Ceremony At World Trade Center: Report
- www.aol.com — Man Allegedly Given Brain Bleed By ICE To File Police Report
Community Sentiment: How do you assess this situation?
Voice your perspective · Real-time aggregated sentiment from the Live Feeds community