Dollar Slides as Trump Fires Fed Governor Lisa Cook
Tuesday, 26 August 2025 () President Trump has fired Federal Reserve Governor Lisa Cook, citing alleged improprieties in her mortgage applications, in a stunning escalation of his campaign against the independence of the U.S. central bank. In a letter posted late Monday, Trump told Cook she was being removed “effective immediately,” arguing there was “sufficient reason” to believe she had falsified mortgage documents when purchasing homes in Michigan and Georgia in 2021. Trump invoked both the U.S. Constitution and the Federal Reserve Act, which allows…
Donald Trump has revealed his next high-profile “criminal” target, turning his fury on former New Jersey Governor Chris Christie just days after the FBI raided the home and office of his..
Ukraine’s Independence Day was marred by escalating violence as Russia unleashed a massive drone and missile assault, killing two and injuring 33 in Kherson. Ukraine claims to have shot down 71 of..
In this episode of the MeidasTouch Podcast, the team breaks down the escalating redistricting war as Texas rams through its gerrymandered maps, sparking California and New York to push back with their..
Donald Trump ousted Federal Reserve Governor Lisa Cook, alleging mortgage fraud, a move contested legally. Cook denies wrongdoing, vowing to fight the dismissal.... IndiaTimes