The action could cause investors to question the independence of the U.S. central bank and face legal obstacles.

By Michael S. Derby and Howard Schneider NEW YORK/WASHINGTON (Reuters) -U.S. President Donald Trump on Monday said he was ...

President Donald Trump says he's firing Federal Reserve Governor Lisa Cook, a sharp escalation in his battle to exert greater ...

The president said he was removing Cook from the Board of Governors immediately for "cause" but it was unclear if he has the ...

President Trump told Lisa Cook that he had found sufficient cause “to remove you from your position.” Her dismissal could ...

Former Fed Governor Lisa Cook, the first Black woman to hold the position, fired by Trump over mortgage fraud claims ...

Trump cited a "criminal referral" from Federal Housing Finance Agency Director William Pulte against Cook, the first Black ...

President Trump removed Federal Reserve Governor Lisa Cook, citing allegations of mortgage fraud made by Bill Pulte. Pulte ...

Trump fired Fed Governor Lisa Cook on Monday, clearing the way for him to nominate someone who supports his push for lower ...

President Trump has fired Federal Reserve Governor Lisa Cook over alleged mortgage improprieties, sparking market turmoil and ...