Trump accused of ‘cobbling together’ mortgage fraud allegations against Lisa Cook as top Democrats react furiously

Departure of Cook, first Black woman to sit on central bank’s board, will allow US president to tap replacement

Trump says he is firing Federal Reserve governor Lisa Cook, a significant escalation in his continued attack on the central bank.

President Donald Trump's removal of a Federal Reserve governor could end up being challenged at the Supreme Court.

The US president posts a letter addressed to Cook in which he informed her of his decision.

The announcement marked the latest in a series of moves by the Trump administration to expand pressure on the central bank.

US president says Lisa Cook removed from position ‘effective immediately’.

‘There is sufficient reason to believe you may have made false statements on one or more mortgage agreements,’ Trump wrote in a letter to Cook

The US president fired Lisa Cook over mortgage fraud allegations – a move experts view as a means to exert more control

Lisa Cook, the first Black woman to sit on the central bank’s board, had faced questions over claiming two homes as her primary residence

President Donald Trump on Monday fired Federal Reserve Governor Lisa Cook as he continues to feud with her boss over lowering interest rates.

US President alleges improprieties in obtaining mortgage loans but Cook claims he can’t get rid of her and she’s staying

Rolling coverage of the latest economic and financial news

There is little precedent: no Fed governor has been dismissed for cause before

President Trump has ordered the removal of the central bank official - we unpack what it all means.

Trump accused of ‘cobbling together’ mortgage fraud allegations against Lisa Cook as top Democrats react furiously

President Trump has said will fire Lisa Cook over alleged financial fraud, which could hand him more control of the Fed.

Trump said he is removing Cook effective immediately because of allegations by one of his supporters that she committed mortgage fraud.

Lisa Cook’s lawyer says US president has ‘no authority’ to remove her from board

A look at the workings of the Federal Reserve, what it does to keep the economy stable and Lisa Cook's role as governor.

What you need to know about President Donald Trump's decision to fire Federal Reserve Governor Lisa Cook.