Federal Reserve Governor Cook: Trump has no right to fire me and will continue to perform his duties
2025-08-26 03:11:01
Lisa Cook, a Federal Reserve governor, said on Monday that President Trump had no authority to fire her from the Fed and that she would not resign. Cook's statement came after Trump wrote to her saying he would immediately remove her from the Fed. "President Trump claims'cause 'to fire me, but without any legal basis, he has no authority to do so," Cook said in a statement. "I will not resign. I will continue to perform the duties I have been doing since 2022 to help the U.S. economy." (Kim X)
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