Trump issues firing warning, Federal Reserve Governor Cook: Will not resign over threats
2025-08-22 15:26:49
According to CCTV news, US President Donald Trump said during a visit to a White House theme museum in Washington that he would fire Federal Reserve Governor Lisa Cook if she did not resign voluntarily. "If she doesn't resign, I will fire her." In response, Cook stressed that he "has no intention of resigning under threat" and said he would not bow to external pressure. Trump has recently increased pressure on policymakers in the US Federal Reserve System. In addition to repeatedly criticizing Powell's insistence on not cutting interest rates, he posted on social media on the 20th, asking Federal Reserve Governor Cook to resign, citing problems with her mortgage holdings in Michigan and Georgia. But Cook denied the allegations and reiterated that he would continue to perform his duties.
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