December 16, 2025
President Donald Trump announced late Monday that he was removing Federal Reserve Governor Lisa Cook, a Joe Biden appointee, after allegations emerged that Cook submitted fraudulent mortgage documents. Trump said "that there is sufficient cause to remove you from your position," in a letter sent to Cook. Cook, the third...
President Donald Trump announced late Monday that he was removing Federal Reserve Governor Lisa Cook, a Joe Biden appointee, after allegations emerged that Cook submitted fraudulent mortgage documents. Trump said “that there is sufficient cause to remove you from your position,” in a letter sent to Cook. Cook, the third…

President Donald Trump announced late Monday that he was removing Federal Reserve Governor Lisa Cook, a Joe Biden appointee, after allegations emerged that Cook submitted fraudulent mortgage documents. Trump said “that there is sufficient cause to remove you from your position,” in a letter sent to Cook. Cook, the third…

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