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The Guardian // Business // Economics

Trump officials urge Fed to remove governor after she refuses to quit

Thursday 21st August 2025, 10:56PM

Federal Reserve governor Lisa Cook is latest figure targeted by Trump administration over claims of mortgage fraudThe Trump administration is ratcheting up pressure on the Federal Reserve to remove governor Lisa Cook, after the economist declared she had “no intention of being bullied” into stepping down.Cook, who was appointed to the US central bank’s powerful board of governors by Joe Biden, has been accused by Donald Trump’s officials of committing mortgage fraud. The allegations are unconfirmed. Continue reading...

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