Lisa Archives - 9xm News

Donald Trump vs Fed governor: US President’s attempts to fire Lisa Cook might land in legal battle; Biden appointee vows not to resign

US President Donald Trump’s attempt to dismissal Federal Reserve governor Lisa Cook is expected to land in court, raising questions over the extent of presidential powers against the traditionally independent central bank.Legal experts say Trump’s claim that he can fire Cook, a Biden appointee, is legally weak but unprecedented. The Supreme Court has recently allowed […]

Mortgage loan charge: Trump says he has ‘cause’ to oust Lisa Cook; first-ever move against Fed governor

US Federal Reserve governor Lisa Cook on Tuesday rejected President Donald Trump’s announcement that he was removing her from the central bank, insisting he has no authority to do so and vowing not to resign.Donald Trump posted a letter on his Truth Social platform declaring Cook’s dismissal effective immediately, citing allegations of mortgage fraud. Cook […]

Federal Reserve shake-up: Donald Trump fires Governor Lisa Cook; accuses her of ‘potentially criminal conduct’

File photo: US President Donald Trump and Lisa Cook (Picture credit: AP) US President Donald Trump has removed Federal Reserve Governor Lisa Cook from her position in a move that could set off a major legal fight over the independence of America’s central bank.Trump announced Cook’s dismissal on Monday evening through a letter posted on […]