World8/26/2025•BBC

Trump orders removal of Federal Reserve governor

Trump orders removal of Federal Reserve governor

The article reports that President Donald Trump has ordered the removal of a Federal Reserve governor, an unprecedented and potentially unconstitutional move against the central bank. The article cites a statement from a former Federal Reserve official, Sarah Cook, who asserts that the president "has no authority to do so" in defiance of Trump's actions. The article suggests that this development represents an escalation of tensions between the president and the Federal Reserve, an independent institution tasked with managing the country's monetary policy. The article does not provide further details on the specific governor targeted by Trump or the reasons behind the president's decision. Overall, the article highlights the potential for a significant clash between the executive branch and the Federal Reserve, which could have significant implications for the economy and the balance of power between the government and the central bank.

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