US President Donald Trump has said he will immediately remove Federal Reserve official Lisa Cook from her position, a major escalation in his battle against the US central bank.
He said there was “sufficient reason” to believe Cook had made false statements on mortgage agreements, and cited constitutional powers which he said allowed him to remove her.
In response, Cook has said Trump has no authority to fire her and she will not resign.
It is an unprecedented move for the president to dismiss a member of the central bank’s leadership, and comes as Trump has put increasing pressure on the Fed – especially its chair Jerome Powell – over what he sees as an unwillingness to lower interest rates.
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Another Anti Trump piece of crap from neutral bbc.
Are you covering Obamas Russia hoax ,Biden non existant presidentship ,due to cognative decline .Hilarys email server ,Hunters laptop suppression by the FBI .The shooting and attempted assasination of a candidate .
Disgraceful bias .Do it on your own money .Not public money .
Yes right about her. She put him through hell now he’s gonna return the favour good on Trump.
How long till Viola Davis plays her in a movie or a series… 😂😂😂
Pumpkin man can't shine Cook's shoes, he is so beneath her that's why he is so jealous. WT can't beat Black Excellence. God is going to punish Pumpkin for attacking his child.
Sorry, but didn`t they try to imprison Trump for the same crime of mortgage fraud. She should consider herself lucky
BbC NNC
🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮
Hitler trump can't do that any body stands up to trump that's what they get all them stand up to your wright I'm for her I will not stand up to evil trump I hate his guts 😡😡😡😡😡😡😡😡 I ant afraid of a bully 🤬🤬😡 like evil trump
The FILES.
You mean the racist Dictator ordered …
Sounds like a YT Supremacy move to Me. Why hasn't he fired Powell ???.
Cook must serve in russia because that is her masrery acording to her biography. She got 50 50 vote in the senate but got appointed because kaya Harris broke the tie. Now you know.
This is the first salvo to get rid of people of colour in the Reserve Bank so he can manipulate interest rates for his own purposes.
All DEI appointments should be sacked
He about to drop on national t.v his life line is about to crook and messing with black ohh yeah it's about to go down you don't know who Ansecters children you are messing with the heavens is pissed at you
What happens in America always comes to the UK…. Vote Reform yay 🏴 🤪
Let's not forget about Epstein.
Well done Trump. Can't wait to see Hilary Clinton on trial…or James…amazing what is going on in US.
Like Putin Trump only wants yes people in his back pocket, otherwise they're dog tucker….and to hell with the scientific realities.
Trump,wants to be god. No chance of that vacancy coming up just yet…
Debt is not development.
Control is not support.
The world is asking: Are you empowering nations or enslaving them?
History is watching.
So how far coz mdm lisa reacted that she ' s not gonna,what does the Us constitution stipulate about that Federal reserve staf.like that.!!?
The only reason trump went after was because she is black.