THE political world has been sent into a frenzy after President Donald Trump removed a Federal Reserve official with immediate effect.

After a major escalation in Trump's battle against the US central bank, Lisa Cook has been removed from her position, with many left wondering why.

Why has Lisa Cook been removed from the federal office by Donald Trump?

The decision to remove Cook came after Trump said there was "sufficient reason" to believe Cook had made false statements on mortgage agreements.

The wording of Cook's removal was shared on social media by the White House on Monday evening, in a letter which was also sent to her.

Trump touted his powers under the Constitution and US law to justify the move.

It is an unprecedented decision for a president to dismiss a member o

See Full Page