- August 26, 2025
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
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Trump’s firing of Federal Reserve Governor Lisa Cook has sparked a legal standoff and renewed concerns over the Fed’s independence.
Update (Aug. 26, 2025, 2 PM UTC): This article has been updated to add commentary by crypto lawyer Aaron Brogan.
US President Donald Trump announced the dismissal of Federal Reserve Governor Lisa Cook, raising questions about the reliability of the US dollar.
In a Tuesday post, the White House Rapid Response X profile published a letter signed by Trump removing Cook from her role at the Federal Reserve. He accused her of having made false statements on one or more mortgage agreements and, addressing her directly, wrote:
