US EditionDOJ Calls for Fed Chair Powell to Fire Top Fed Official Lisa Cook
The DOJ probe into Fed Governor Lisa Cook concerns alleged mortgage fraud involving properties in Michigan and Georgia, prompting calls for her removal amid debates over Fed independence.
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DOJ Urges Fed’s Powell to Remove Cook | Balance of Power: Early Edition 8/21/2025
On the early edition of Balance of Power, Bloomberg Washington Correspondent Tyler Kendall and Senior Editor Michael Shepard discuss the latest news from Washington. On today's show, EY-Parthenon Senior Economist Lydia Boussour, Bluestack Strategies Founder Maura Gillespie, Lift Our Voices Co-Founder Julie Roginsky, Republican Congressman Nicole Malliotakis. (Source: Bloomberg)
US DOJ to probe Fed's Cook, urging removal, Bloomberg News reports
(Reuters) -The U.S. Justice Department plans to investigate Federal Reserve Governor Lisa Cook, with a top official informing Federal Reserve Chair Jerome Powell of the probe and encouraging him to remove her from the board, Bloomberg News reported on Thursday.
President Donald Trump, who is in open conflict with the central bank, is also calling for the end of Lisa Cook's tenure.
Fed Governor Lisa Cook Under Fire: DOJ Official Urges Powell To Act
BitcoinWorld Fed Governor Lisa Cook Under Fire: DOJ Official Urges Powell to Act In a development that has captured significant attention, a U.S. Department of Justice (DOJ) official has reportedly urged Federal Reserve Chairman Jerome Powell to dismiss Fed Governor Lisa Cook. This isn’t the first time Governor Cook has faced scrutiny. The call comes amidst a backdrop of previous allegations and demands from the Trump administration. Why is Fed …
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