Watch CBS News

Trump says he's fired Fed Governor Lisa Cook

President Trump announced Monday that he's fired Federal Reserve Governor Lisa Cook after months of public attacks against the central bank. In a letter posted on social media, Trump accused Cook of making false statements on mortgage documents, actions he claimed were "gross negligence" and "potentially criminal."
Aug 26, 2025 (00:33)
Videos
View CBS News In
CBS News App Open
Chrome Safari Continue