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News in English (USA) / 23.08.2025 / 18:00

Trump Escalates Pressure on Fed Governor Lisa Cook Amid Fraud Allegations

Former President Trump has intensified his campaign against Federal Reserve Governor Lisa Cook, threatening to fire her if she does not resign. This ultimatum follows allegations of mortgage fraud against Cook, a situation that has drawn scrutiny from the Justice Department. Trump’s administration is pushing for her removal, claiming that her actions could be detrimental to the economy. Cook, however, has firmly stated that she will not be ‘bullied’ into resigning, standing her ground despite the pressure. The conflict highlights growing tensions within the Federal Reserve and raises questions about the influence of political figures on economic policy.
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