Trump’s Attempt to Fire Lisa Cook Represents a Direct Challenge to the Federal Reserve’s Independence

President Donald Trump announced on August 25, 2025, via Truth Social, his intention to fire Federal Reserve Governor Lisa Cook, citing allegations of mortgage fraud raised by Federal Housing Finance Agency Director William Pulte. The allegations claim Cook falsely declared two primary residences to secure better mortgage terms. Cook, the first Black woman on the […] The post Trump’s Attempt to Fire Lisa Cook Represents a Direct Challenge to the Federal Reserve’s Independence appeared first on Tekedia.

  Business   Aug 28, 2025   0   3  Add to Reading List
Trump’s Attempt to Fire Lisa Cook Represents a Direct Challenge to the Federal Reserve’s Independence

President Donald Trump announced on August 25, 2025, via Truth Social, his intention to fire Federal Reserve Governor Lisa Cook, citing allegations of mortgage fraud raised by Federal Housing Finance Agency Director William Pulte. The allegations claim Cook falsely declared two primary residences to secure better mortgage terms. Cook, the first Black woman on the […]

The post Trump’s Attempt to Fire Lisa Cook Represents a Direct Challenge to the Federal Reserve’s Independence appeared first on Tekedia.

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