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Federal Reserve Gov. Lisa Cook responds to Trump: 'I will not resign'

The HillTuesday, August 26, 2025 at 11:30:40 AM
PositiveU.S News
Federal Reserve Gov. Lisa Cook responds to Trump: 'I will not resign'
Federal Reserve Governor Lisa Cook has firmly stated that she will not resign, despite President Trump's attempt to remove her over mortgage fraud allegations. Cook asserts that Trump lacks the authority to dismiss her.
Editor’s Note: This situation highlights the ongoing tensions between the Federal Reserve and the Trump administration. Cook's refusal to resign underscores her commitment to her role and the independence of the Federal Reserve, which is crucial for maintaining economic stability.
— Curated by the World Pulse Now AI Editorial System
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