Back to Supreme Court to hear Fed Governor Cook firing case
Executive Power
Easy
multiple choice
On August 25, 2025, President Trump fired Federal Reserve Governor Lisa Cook. What reason did he publicly cite for her removal?
Explanation
Trump fired Cook based on mortgage fraud allegations from FHFA Director Bill Pulte, who claimed Cook falsified mortgage documents to get favorable loan terms. Cook denied these charges, and bank docum...
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Lisa Cook became the first Black woman on the Federal Reserve Board of Governors in 2022. How was her Senate confirmation decided?
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Easymultiple choiceTrue or False: Trump's attempt to fire Lisa Cook marks the first time in the Federal Reserve's history that a president has tried to remove a sitting governor.
Easytrue false
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