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FILE - Board of Governors of the Federal Reserve member Lisa Cook, speaks during a conversations with leaders from organizations that include nonprofits, small businesses, manufacturing, supply chain management, the hospitality industry, and the housing and education sectors at the Federal Reserve building, Sept. 23, 2022, in Washington. (AP Photo/Manuel Balce Ceneta, File)
WASHINGTON – President Donald Trump fired Federal Reserve Governor Lisa Cook late Monday, a surprise move constituting a sharp escalation in his battle to exert greater control over what has long been considered an institution independent from day-to-day politics .
Trump said in a letter posted on his Truth Social platform that he is removing Cook