Part 3/11:
In a recent statement issued via Truth Social, Donald Trump declared his intention to fire Federal Reserve Governor Lisa Cook, citing unfounded allegations that she falsified mortgage documents. Cook, notably the first African-American woman to serve on the Fed’s board, refused to resign, asserting that Trump had no legal authority to remove her and that she was serving her term which extends until 2038. Her defiance and Trump’s effort to remove a sitting governor have sparked legal challenges and heightened concerns about increasing political meddling in the Federal Reserve’s affairs.