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Trump says he's fired Fed Governor

President Trump announced the removal of Federal Reserve Governor Lisa Cook, the only Black woman to serve on the board. Critics call it an attack on the Fed's independence, while Cook says no legal cause exists for her firing.

Aug 26, 2025 (02:35)

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Where to get the latest CBS Mornings Deals

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Where to get the latest CBS Mornings Deals

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Where to get the latest CBS Mornings Deals

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Extended interview: Mike Johnson

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Where to get the latest CBS Mornings Deals

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Where to get the latest CBS Mornings Deals

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Where to get the latest CBS Mornings Deals

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Where to get the latest CBS Mornings Deals

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