Unprecedented action likely to head to Supreme Court as Lisa Cook becomes first Fed official to be fired in history ...

President Donald Trump fired Federal Reserve Gov. Lisa Cook Monday night as he seeks to remake the central bank's ...

The president said he was removing Cook from the Board of Governors immediately for "cause" but it was unclear if he has the ...

Donald Trump is attempting to violate the independence of the Federal Reserve Board by claiming the power to fire one of its ...

The president ordered the removal of Lisa Cook from the Fed board over claims she engaged in mortgage fraud, escalating his ...

Trump had earlier called on Cook to step down by August 20, but moved ahead with termination after she did not resign ...

Donald Trump ousted Federal Reserve Governor Lisa Cook, alleging mortgage fraud, a move contested legally. Cook denies ...

Trump fires Fed Governor Lisa Cook over mortgage fraud claims, marking historic first dismissal. Markets fall amid independence concerns.

The result of the Trump administration’s weaponization of mortgage filings, experts say, is an escalation in the way his officials seek to penalize, remove or even jail adversaries.

"I have determined that there is sufficient cause to remove you from your position," Trump said in a letter to Cook posted on ...

The announcement comes after the US Department of Justice indicated it planned to investigate Cook, following a criminal ...

US President Donald Trump removed Lisa Cook, the first African-American woman Federal Reserve governor, amid mortgage fraud ...