Fed governor Lisa Cook slams Trump's renewed threat to fire her
Federal Reserve governor Lisa Cook said the Trump administration has no legal basis to remove her from the central bank's governing board in a letter late Wednesday responding to renewed threats from the White House.
Federal Reserve governor Lisa Cook has responded to renewed threats from the White House regarding her position. In a letter sent Wednesday, she stated that the Trump administration lacks any legal foundation to remove her from the Federal Reserve’s governing board.
- Federal Reserve governor Lisa Cook addressed renewed threats from the White House.
- Cook stated in a letter that the Trump administration has no legal basis to remove her.
- The threats concern her position on the central bank’s governing board.
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