https://www.live-feeds.com/feed/wsj-tears-trump-apart-over-latest-move-on-the-economyContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/wsj-tears-trump-apart-over-latest-move-on-the-economyhttps://www.live-feeds.com/feed/wsj-tears-trump-apart-over-latest-move-on-the-economy#u52529Sun, 30 Aug 2026 14:55:27 +0000Federal Reserve Governor Lisa Cook is fighting efforts by the Trump administration to remove her from office. The administration sent a letter stating it is "considering" her removal, prompting Cook and her legal counsel to deny any wrongdoing. Cook specifically rejected mortgage-related claims made by Trump, stating there is "no legitimate basis for removal." This conflict represents a broader effort by Trump to increase executive control over the Federal Reserve's independent operations.Why it mattersThe Federal Reserve typically operates independently from the White