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Fed Gov. Lisa Cook lawsuit says her firing is 'unprecedented and illegal'
CNBC Television· 2025-08-28 14:31
We got some more breaking news this morning from Lisa Cook and the lawsuit that's been filed. Our Steve Leeman's going been going through the documents. Steve, what do we have. >> Yeah, we have uh now the key issues which is what is Lisa Cook asking the court to do.Obviously, this is a case where she is suing uh uh President Trump as well as the Federal Reserve and J. Pal. And I'll get to that for the reason why, but she's asking the court to declare her firing unlawful and void by the president.that Trump' ...
Ruhle: Trump kicks American exceptionalism to the curb with Fed Governor firing
MSNBC· 2025-08-26 18:15
We are returning to breaking news that President Trump says he is removing Federal Reserve Governor Lisa Cook. Here's what I want you to know. This is the first time in 112 years that a US president has moved to force out a Fed governor.The independence of the Federal Reserve has been a key element of American exceptionalism for over a century. And in one single social media post, President Trump may have kicked that to the curb tonight. And his cause to fire a Fed governor, an allegation of mortgage fraud ...
Fed's Lisa Cook Says She Won't Be Bullied by Trump
Bloomberg Television· 2025-08-21 14:27
What does this pressure campaign look like when it comes to the US position of global trust across the world economy. I think it's important for us not to look at this as an attack on one individual Fed governor, but an attack on an institution and the independence of the Federal Reserve has been, at its core, central to the confidence that investors around the world have in the U.S. economy. You know, in my old job, one of the things I did was be with investors in the United States, the people around the w ...