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Trump Moves to Fire Lisa Cook, Escalating Fed Attack

DeFi Daily News by DeFi Daily News
August 26, 2025
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President Donald Trump moved to oust Federal Reserve Governor Lisa Cook following allegations from a White House ally that she falsified mortgage documents, a dramatic escalation in his battle to exert more control over the US central bank. Cook later said Trump has no authority to fire her, and she won’t quit. Bloomberg’s Paul Allen hosts a panel on Insight With Haslinda Amin to discuss the latest developments.
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