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How the Future of the Fed Came to Rest on Lisa Cook

29 août 2025 à 05:03
President Trump’s effort to oust the Federal Reserve governor has kicked off a landmark legal battle, one that will have far-reaching consequences for the institution’s independence.

© Andrew Harnik/Getty Images

Lisa Cook, who was appointed to the Fed’s board of governors in 2022, during a July conference at the Federal Reserve in Washington.

Trump Says He Is Firing Lisa Cook From Fed Board of Governors

25 août 2025 à 23:52
President Trump told Lisa Cook that he had found sufficient cause “to remove you from your position.” Ms. Cook and her lawyer said they would fight the firing.

© Brittany Greeson for The New York Times

Lisa Cook has served on the Federal Reserve Board of Governors since 2022.
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