Episode Details
Back to Episodes
Lisa Cook Sues Trump Administration Over Fed Firing
Published 8 months ago
Description
Federal Reserve Governor Lisa Cook has filed a lawsuit against the Trump administration after Trump claimed he had fired her over unproven allegations of mortgage fraud. Cook, the first Black woman to serve on the Fed board, argues the move threatens the central bank’s independence. Legal experts note Fed governors can only be removed “for cause” with due process — which Cook has not received — and critics say the firing is aimed at replacing her with a Trump loyalist.
Subscribe to our newsletter to stay informed with the latest news from a leading Black-owned & controlled media company: https://aurn.com/newsletter
Learn more about your ad choices. Visit megaphone.fm/adchoices