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Trump Asserts Expansive Power to Fire Fed Governor Lisa Cook

Lawyers for the administration told a court it should be “highly deferential” to the president when it comes to firing a Federal Reserve governor “for cause.”

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martedì 26 agosto 2025·cnbc.com
Fed responds to Trump effort to fire Lisa Cook
Federal Reserve Board Governor Lisa Cook hired Abbe Lowell to fight her termination by President Trump for a case that could land at the Supreme Court.
martedì 26 agosto 2025·usatoday.com
Trump fires Lisa Cook from the Federal Reserve. How the Fed, and Cook, set monetary policy
A look at the workings of the Federal Reserve, what it does to keep the economy stable and Lisa Cook's role as governor.

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Trump Asserts Expansive Power to Fire Fed Governor Lisa Cook