US DoJ asks court for emergency ruling to remove Cook from Fed board
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a story from Al Jazeera 🚨 › Al Jazeera English
Trump administration wants Lisa Cook to be removed from the Fed Reserve board by Monday, ahead of interest rate meet.
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Trump says he'll fire Fed Reserve Governor Lisa Cook over mortgage loan allegations
Last week, Lisa Cook emphasised she wouldn't leave her post after Trump called for her resignation on social media, linked to an accusation from one of his officials that she committed mortgage fraud.
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Powell's remarks offered little guidance about how soon or how quickly rates might continue to move lower.
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Cook, who has been accused of mortgage fraud, has said she will not be bullied by Trump into resigning.
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