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Trump says he'll fire Fed's Cook if she doesn't resign

ReutersAug 22, 2025 2:25 PM

- U.S. President Donald Trump on Friday said he would fire Federal Reserve Governor Lisa Cook if she doesn't resign.

"I'll fire her if she doesn't resign," Trump told reporters during a visit to a Washington museum focused on the White House.

Cook, the first Black woman to serve on the Fed board, said she had "no intention of being bullied to step down" after Trump on Wednesday called for her resignation on the basis of allegations about mortgages she holds in Michigan and Georgia.

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