US Edition
Yellen Blasts Trump’s ‘Unlawful’ Firing of Cook
President Trump dismissed Fed Governor Lisa Cook over mortgage document allegations as part of a broader push to influence interest rate policy against the Federal Reserve's current targets.
- President Trump moved to remove Federal Reserve Governor Lisa Cook on Monday, citing allegations of mortgage fraud related to declaring two primary residences.
- The Federal Reserve Act limits governor removal to serious misconduct, but legal experts say no credible basis exists for such action against Cook.
- Cook, the first Black woman on the Fed Board, has refused to resign and her attorney plans to file a federal lawsuit calling the firing illegal.
- Economist Ryan Herzog warns that Trump’s attempts to control the Fed risk more inflation and could undermine the bank's independence, which is vital for economic stability.
- If Trump succeeds in replacing Cook, he would control four of seven Fed board seats, raising concerns about political interference damaging economic confidence and stability.
11 Articles
11 Articles
This illegal Trump move will hit us all in the pocket
President Trump’s attempted removal of Federal Reserve Governor Lisa Cook is a flagrant violation of the law. The Federal Reserve Act is clear: Fed governors can only be removed for serious misconduct, and there’s no credible basis for that. By targeting Governor Cook — who brings vital expertise to economic policymaking and is the first Black woman to ever serve on the Fed Board — Trump undermines both the rule of law and extremely hard-won pro…
Google Backing Fired Fed Gov Despite Fraud Allegations, Trump Dismissal?
Google Backing Fired Fed Gov Despite Fraud Allegations, Trump Dismissal? Exclusive: Federal Reserve Gov. Lisa Cook may soon be out of a job following mortgage fraud accusations — but that has not stopped Google from propping up leftist sources in her defense, the Media Research Center can confirm. An MRC study found on Wednesday that Google almost entirely excluded right-leaning sources from search results related to President Donald Trump’s mo…
Fed Responds To Trump Decision Amid Allegations Against Fed Governor - Patriot Newsfeed
President Donald Trump has never been shy about pulling levers of power that other presidents tiptoed around, and Monday was no exception. In a move that immediately rattled the financial establishment, Trump fired Federal Reserve Governor Lisa Cook, citing allegations of mortgage fraud. With her removal, the calculus inside the Fed shifted overnight—especially with Chair Jerome Powell signaling that an interest rate cut could come as early as S…
Yellen blasts Trump’s ‘unlawful’ firing of Cook
Related video: Sunrise’s Trevor Shirley on Trump’s FIRING of Fed. Reserve’s Lisa Cook | SUNRISE Former Federal Reserve Chair and Treasury Secretary Janet Yellen slammed President Trump on Wednesday for moving to fire Fed board of governors member Lisa Cook, calling his actions “unlawful” and “dangerous.” “US President Donald Trump’s claim that he has ‘fired’…
Coverage Details
Bias Distribution
- 56% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
