Trump tells Fed’s Lisa Cook she’s fired; she says ‘he has no authority to do so’

Well, President Trump says he is firing Fed Governor Lisa Cook over alleged mortgage fraud. Let's get to Steve Leeman with the latest. Hi, Steve.>> Morning, Mike. Yeah, more questions and answers this morning about the independence of the Fed, the power of the president over the central bank, and of course, the more important outlook for monetary policy when it comes to mortgage. The president saying he fired Cook for quote allegedly making false statements on one or more mortgage agreements.Cook in a state ...