BREAKING Trump Fires Fed Governor Lisa Cook in Shocking White House Move
U.S. President Donald Trump fires Fed Governor Lisa Cook sparking economic uncertainty and political backlash
Trump Fires Fed Governor Lisa Cook
BREAKING — Trump fires Fed Governor Lisa Cook in a stunning move that shocked Washington and Wall Street. The White House confirmed the dismissal late Monday, fueling speculation about growing tensions between the Trump administration and the Federal Reserve.
Political Shockwaves in Washington
The decision to remove Lisa Cook, a respected Federal Reserve Governor, immediately sparked political backlash. Lawmakers from both parties questioned the legality of the dismissal, with some accusing President Trump of undermining the independence of the Federal Reserve.
Market Reactions
Financial markets reacted swiftly after news that Trump fires Fed Governor Lisa Cook broke across trading floors. Investors expressed concern that the unprecedented action could shake confidence in U.S. economic policy at a time of fragile global markets.
Background on Lisa Cook
Lisa Cook, who joined the Federal Reserve Board of Governors in 2022, has been a leading voice on economic equity, financial stability, and monetary policy. Her firing marks the first time in decades that a sitting Fed Governor has been abruptly removed by a U.S. president.
What Comes Next
As Trump fires Fed Governor Lisa Cook, questions loom over who will replace her and whether legal challenges could overturn the dismissal. The Federal Reserve has yet to issue an official response, while opposition leaders are already calling for congressional hearings.
