Summary
- President Trump announced via his official SNS that he would dismiss Federal Reserve Governor Lisa Cook.
- He stated that the reasons for the dismissal included false statements and allegations of mortgage document forgery as included in criminal charges.
- He added that this dismissal was an immediate decision based on presidential authority (Article II of the Constitution and the Federal Reserve Act).
On the 25th (local time), President Donald Trump announced via his official social media (SNS), Truth Social, that he would dismiss Federal Reserve Governor Lisa Cook.
According to the document shared by President Trump, he immediately removed Lisa Cook from her position as a Governor of the Federal Reserve under the authority granted to the President (Article II of the Constitution and the Federal Reserve Act).
The reasons for dismissal included allegations of false statements and mortgage document forgery mentioned in the criminal charges.
Uk Jin
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