Trump Tries to Fire Fed Governor Lisa Cook in Unprecedented Move
Update: 2025-08-26
Description
President Donald Trump has announced he is firing Federal Reserve Governor Lisa Cook, the first Black woman to serve on the board. Legal experts say he lacks the authority, and attorney Abbe David Lowell has vowed to fight the move in court. The Congressional Black Caucus called Trump’s actions “a racist, misogynistic, and unlawful attack.” The dispute is now headed toward the courts and could reach the Supreme Court.
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