Politics8/26/2025Bloomberg

Trump Says He’s Prepared for Fight Over Cook’s Ouster From Fed

Trump Says He’s Prepared for Fight Over Cook’s Ouster From Fed

President Donald Trump has stated that he is prepared for a legal battle over the potential removal of Federal Reserve Governor Lisa Cook from her position. This comes after allegations that Cook falsified mortgage documents. The president's comments suggest he is willing to take legal action to remove Cook from the Fed, despite the potential for a drawn-out and contentious process. The reasons behind the allegations and Trump's desire to remove Cook from the Fed are not entirely clear from the provided information. The article does not provide further details on the specific allegations against Cook or the potential legal implications of the president's actions. However, it highlights the ongoing tensions between the Trump administration and the Federal Reserve, with the president potentially seeking to influence the composition of the central bank's leadership.

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