US President Donald Trump announced Monday that he has removed Federal Reserve Governor Lisa Cook from her position, citing ...

Trump said that Cook's removal was "for cause," pointing to Pulte's referral in his termination letter to Cook.

Cook found herself in the crosshairs of the Trump administration this week after FHFA Director Bill Pulte sent a letter to the DOJ.

Cook, the first Black woman to serve on the Federal Reserve Board, responded by saying she has done nothing wrong and Trump ...