President Donald Trump posted a letter to Truth Social that said he removed a key official at the Federal Reserve, Governor ...

The president ordered the removal of Lisa Cook from the Fed board over claims she engaged in mortgage fraud, escalating his ...

President Donald Trump fired Federal Reserve governor Lisa Cook Monday evening, intensifying a pressure campaign on the ...

President Trump said Monday he has fired Lisa Cook from the Federal Reserve's Board of Governors — a dramatic move after ...

The dollar and U.S. Treasuries slid in Asian trading on Tuesday after President Donald Trump announced he was removing a ...

Donald Trump has fired Federal Reserve Governor Lisa Cook over mortgage fraud allegations, intensifying his bid to reshape ...

"I have determined that there is sufficient cause to remove you from your position," Trump said in a letter to Cook posted on Truth Social.

It is the latest effort by the administration to take control over one of the few remaining independent agencies in ...

The move is a sharp escalation in his battle to exert greater control over what has long been considered an institution ...

In a letter posted to Truth Social, Trump cited “deceitful and potentially criminal conduct” involving Cook’s mortgage ...

Cook, who was nominated to the Fed's Board of Governors by former President Joe Biden in 2022, took out the mortgages in question in 2021 when she was an academic. An official financial disclosure ...

Trump cited a "criminal referral" from Federal Housing Finance Agency Director William Pulte against Cook, the first Black ...