Trump has ‘no authority’ to fire me, says Fed Governor Cook; but is that true?

Federal Reserve Governor Lisa Cook said President Donald Trump has no "authority" to fire her after Trump shared in a letter on his social media Monday night that he was removing her from her position.

Trump's move is the first of its kind in the central bank's 111-year history after he blamed the Fed for taking too long to lower interest rates.

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Abilene-San Angelo, TX : KTXS

Albany, GA : WFXL

Albany, NY : WRGB

Amarillo, TX : KVII

Asheville, NC : WLOS

Austin , TX : KEYE

Bakersfield, CA : KBAK/KBFX

Baltimore : WBFF

Beaumont, TX : KFDM/KBTV

Birmingham, AL : WBMA

Boise, ID : KBOI/KYUU

Bristol, VA : WCYB

Cedar Rapids, IA : KGAN/KFXA

Champaign, IL : WCCU

Charleston, SC : WCIV

Charleston, WV : WCHS/WVAH

Chattanooga, TN : WTVC

Cincinnati, OH : WKRC/WSTR

Columbia, SC : WACH

Columbus, OH : WSYX/WTTE

Dayton, OH : WKEF/WRGT

El Paso, TX : KFOX/KDBC

Eugene, OR : KVAL/KMTR

Eureka, CA : KAEF

Flint, MI : WEYI/WBSF

Fresno, CA : KMPH

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Greenville-New Bern, NC : WCTI

Harlingen, TX : KGBT

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Johnstown, PA : WJAC

Kalamazoo-Grand Rapids, MI : WWMT

Kirksville-Ottumwa, IA : KTVO

Las Vegas, NV : KSNV

Lewiston, ID : KLEW

Lincoln, NE : KHGI/KWNB

Little Rock, AR : KATV

Lynchburg, VA : WSET

Macon, GA : WGXA

Medford, OR : KTVL

Mobile, AL : WPMI

Myrtle Beach, SC : WPDE

Nashville, TN : WZTV

Oklahoma City : KOCB/KOKH

Pasco, WA : KEPR

Pensacola, FL : WEAR/WFGX

Portland, ME : WGME/WPFO

Portland, OR : KATU/KUNP

Providence, RI : WJAR

Quincy-Hannibal, IL : KHQA

Redding-Chico, CA : KRCR

Reno, NV : KRNV/KRXI

Rochester, NY : WHAM

Salt Lake City : KUTV

San Antonio, TX : KABB/WOAI

Savannah, GA : WTGS

Seattle, WA : KOMO/KUNS

Sioux City, IA : KMEG/KPTH

South Bend, IN : WSBT

Springfield, IL : WICS

Steubenville, OH : WTOV

Syracuse, NY : WSTM

Toledo, OH : WNWO

Traverse City, MI : WPBN

Tulsa, OK : KTUL

Washington DC : WJLA

West Palm Beach, FL : WPEC

Wilkes-Barre, PA : WOLF

Yakima, WA : KIMA

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