Fed Governor fired by Trump refuses to leave - here's why the dollar dropped 0.4%
Key Points
- Lisa Cook is the first Fed official to be fired by a preside...
When a Federal Reserve Governor gets fired but decides to ghost the termination notice, you know we're in uncharted waters. Lisa Cook just became the first Fed official in history to receive a presidential pink slip, and her response was essentially "new phone, who dis?"
President Trump cited mortgage fraud allegations as his reason for dismissing Cook, claiming she illegally declared two properties as primary residences. Cook's defense strategy? Simply stating Trump doesn't have the legal authority to fire her. It's like watching someone argue with a parking ticket by insisting the meter ma...
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