Ms. Cook said that she would not resign from the board of governors, hours after President Trump announced he was firing her.

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

President Donald Trump late Monday said he would fire Federal Reserve Governor Lisa Cook for alleged mortgage fraud.

Trump said in a letter posted on his Truth Social platform that he is removing Cook because of allegations that she committed ...

U.S. President Donald Trump on Monday took the unprecedented step of ordering Governor Lisa Cook removed from the Federal ...

Trump accused Cook of engaging in mortgage fraud, an allegation she has denied as she noted that the president has no ...

The action could cause investors to question the independence of the U.S. central bank and face legal obstacles.

Cook says the US president "has no authority to do so" in defiance of Trump's escalatory move against the central bank.

In a letter posted online Monday night, Trump said he had determined there is “sufficient cause” to remove Cook from her ...

The announcement, posted on Trump's Truth Social, came just days after Cook stated she would not resign from the seven-member ...

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