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BREAKING: Trump Fires Fed\'s Lisa Cook Over Mortgage Fraud Allegation

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President Donald Trump on Monday evening fired Federal Reserve Gov. Lisa Cook over his administration's allegation that she committed mortgage fraud, thrusting the White House into uncharted territory in its campaign to exert control over the central bank. 
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MONDAY, AUGUST 25, 2025 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

BREAKING: Trump Fires Fed's Lisa Cook Over Mortgage Fraud Allegation

By Jon Hill

President Donald Trump on Monday evening fired Federal Reserve Gov. Lisa Cook over his administration's allegation that she committed mortgage fraud, thrusting the White House into uncharted territory in its campaign to exert control over the central bank. 

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GOVERNMENT AGENCIES IN TODAY'S NEWS

Federal Housing Finance Agency

Federal Reserve System

U.S. Department of Justice

 


 

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