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Questions about Trump's authority to fire Fed Gov. Lisa Cook
Posted
August 26, 2025
Views
6,242
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60
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August 26, 2025
6,242
60
51
1.78%
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7:48Now PlayingPresident Trump has taken his fight with the Federal Reserve to another level, demanding the removal of one of the Central Bank's governors. Overnight, Trump posted an apparent termination letter online, saying that he removed Lisa Cook over allegations that she committed mortgage fraud. But there are questions about Mr. Trump's authority to remove Cook. CBS News' Aaron Navarro and Jo Ling Kent break the situation down.
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