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Menu ADVERTISEMENT Medicare Now Covers This Life-Changing COPD Breakthrough Medicare Now Covers This Life-Changing COPD Breakthrough Carda Health BREAKING: President Trump Fires Biden-Appointed Federal Reserve Governor Lisa Cook Amid Mortgage Fraud Allegations by Cristina Laila Aug. 25, 2025 7:20 pm41 Comments TruthTweetShareGettrGab Promises made, promises kept. President Trump on Monday evening fired Biden-appointed Federal Reserve Governor Lisa Cook amid mortgage fraud allegations. “Pursuant to my authority under Article II of the Constitution of the United States and the Federal Reserve Act of 1913, as amended, you are hereby removed from your position on the Board of Governors of the Federal...

The first Black woman to serve on the Federal Reserve board, Ms. Cook has long been a pathbreaker in a field dominated by white men.Years before Lisa Cook became President Trump’s latest target in his effort to exert control over the Federal Reserve, she wrote about her experience as one of a relative handful of Black women in a field long dominated by white men.“Economics is neither a welcoming nor a supportive profession for women,” she and a colleague wrote in a New York Times opinion essay in 2019. She added, “But if economics is hostile to women, it is...

A top official at the US Federal Reserve says she will not be "bullied" after President Donald Trump called for her resignation over an allegation of mortgage fraud. Governor Lisa Cook has been accused of falsifying documents and property records in a bid to get more favourable home loan. She said the claim stemmed from an application before she joined the central bank. The Trump administration is also pursuing mortgage fraud investigations against Senator Adam Schiff and New York Attorney General Letitia James, both political antagonists of the president. Trump has been seeking more influence over the US central bank...

Key Points President Donald Trump demanded Federal Reserve Governor Lisa Cook’s immediate resignation. Federal Housing Finance Agency Director Bill Pulte urged the Department of Justice to launch a criminal investigation related to Cook’s mortgage records. The remarks show Trump expanding his attacks on the Fed beyond its chairman, Jerome Powell, as he pressures the central bank to slash interest rates. ************************************************************** The head of President Donald Trump’s housing regulatory agency said Wednesday that Federal Reserve Governor Lisa Cook will have to resign, or else be fired for cause, over what he claims is evidence of “mortgage fraud” by the central...

The Senate on Tuesday confirmed Dr. Lisa Cook, who has a history of Black Lives Matter bullying and radical monetary policy beliefs, to the Federal Reserve board of governors. The Senate voted 51-50 to confirm Cook, with Vice President Kamala Harris breaking the tie.

WASHINGTON (AP) — The Senate on Tuesday agreed to consider the nomination of Lisa Cook for a position on the Federal Reserve’s Board of Governors on a 50-49 party-line vote. The result suggests that there is sufficient support in the evenly-divided Senate to approve Cook, who would be the first Black woman to serve on the Fed’s powerful board in its 108-year history. All 50 Senate Democrats voted in favor, while all Republicans, except for Sen. John Kennedy, from Louisiana, voted against her nomination. Kennedy did not vote. “Professor Cook has nearly zero experience in monetary policy,” Toomey said before...