Federal Reserve Governor Lisa Cook says Trump 'has no authority' to fire her
US President Donald Trump on Monday said he was firing Federal Reserve Governor Lisa Cook, an unprecedented attempt to exert control over the independent body that decides US monetary policy and a move likely to be challenged in court. Cook responded through lawyers that Trump "has no authority” to remove her and vowed to continue in her post.
US President Donald Trump on Monday said he was firing Federal Reserve Governor Lisa Cook, an unprecedented attempt to exert control over the independent body that decides US monetary policy and a move likely to be challenged in court. Cook responded through lawyers that Trump "has no authority” to remove her and vowed to continue in her post.
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