Fed Governor Cook Sues Trump Over Firing Attempt

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4 hrs ago

Above: Lisa Cook during the Federal Reserve Board open meeting in Washington, D.C., on June 25, 2025. Image copyright: Al Drago/Bloomberg/Getty Images

story last updated 4 hrs ago

The Spin

Pro-government narrative

President Trump was correct in his decision to remove Cook from her position in the Federal Reserve. For the most senior financial institution in the U.S. to function, it requires the total confidence of the American people. Cook's credible allegations of mortgage fraud only undermine this trust, jeopardizing the integrity of the Federal Reserve altogether.

Truth Social

Government-critical narrative

The attempt to fire Cook is an unprecedented assault on the Federal Reserve designed to install Trump allies who will rubber-stamp his radical economic agenda. Significantly, the sacking would also be illegal, as it lacks any valid grounds for removal, while the absence of notice, process, and hearing violates Cook's statutory and constitutional rights.

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