The Wall Street Journal

Trump Says He Is Removing Fed Governor Lisa Cook

Cook says president has ‘no authority’ to fire her and that she will not resign

Federal Reserve governor Lisa Cook
Federal Reserve governor Lisa Cook Photo: jim urquhart/Reuters

WASHINGTON—President Trump said he is removing Lisa Cook, a Joe Biden-appointed Federal Reserve governor, citing allegations that Cook submitted fraudulent information on mortgage applications.

“I have determined that there is sufficient cause to remove you from your position,” Trump wrote in a letter to Cook posted on social media on Monday night.

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