The director of Federal Housing Finance Agency could win the president an opening on the Federal Reserve board.

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

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

‘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 Trump told Lisa Cook that he had found sufficient cause “to remove you from your position.” Ms. Cook and her lawyer said they would fight the firing.

The director of Federal Housing Finance Agency could win the president an opening on the Federal Reserve board.

Lawyers for Ms. Cook promised to take legal action one day after the president moved to fire her over allegations of mortgage fraud.

President Donald Trump said he is removing Federal Reserve Governor Lisa Cook, citing allegations of mortgage fraud. Here's what to know about the issue.

The Supreme Court has said the Federal Reserve Board’s independence warrants protection. President Trump’s effort to fire a member will test that commitment.

After President Trump accused a Federal Reserve governor of mortgage fraud, everyday citizens are waking up to just how much information is out there.

The document calls the fraud allegation "unsubstantiated and unproven" but does not go into detail about why that is the case.

Lisa Cook, who has not been charged with a crime, sought to retain her position, arguing her firing was “unprecedented and illegal.”

President Donald Trump is seeking to fire Fed Governor Lisa Cook from the board of the central bank.

President Trump’s effort to oust the Federal Reserve governor has kicked off a landmark legal battle, one that will have far-reaching consequences for the institution’s…