26 August 11:25
The President of the USA, Donald Trump, announced on a social network the abrupt dismissal of the governor of the Federal Reserve, Lisa Cook.
Călin Nicolescu
International
Foto Credit: SAUL LOEB / AFP / Profimedia
The mortgage fraud allegations were the basis for the unexpected dismissal announced by Donald Trump on Monday. Cook was appointed by Biden and denied that Trump would have the authority to do this, swearing not to resign. This is a new episode in Trump's sustained attacks against the U.S. central bank.
Sources
Trump orders dismissal of Federal Reserve Governor Lisa Cook
Trump's move to fire Federal Reserve chief denounced as 'authoritarian power grab' - US politics live
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