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Why Trump MAY NOT have power to fire Fed Gov. Cook: Sorkin explains
Posted
August 26, 2025
Views
141,024
Likes
4,266
Comments
455
Engagement
3.35%
August 26, 2025
141,024
4,266
455
3.35%
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2:59Now PlayingPresident Donald Trump is removing Federal Reserve Governor Lisa Cook effective immediately, according to a letter he posted to Truth Social on Monday night — but Cook insists he has “no authority” to do so and announced she will file a lawsuit challenging his attempt to fire her. On Morning Joe, Andrew Ross Sorkin breaks down what the move could mean for the Fed’s independence and why the legal fight may fall to Jay Powell.
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