By Neil Roland ( August 26, 2025, 01:29 GMT | Insight) -- US Federal Reserve Governor Lisa Cook, the first Black female governor and an ally of Chair Jerome Powell on interest rate policy, was fired by President Donald Trump for "deceitful and potentially criminal conduct," according to a letter Trump posted on his Truth Social website. The dismissal, effective immediately, cited allegedly false statements Cook made on one or two mortgage documents attesting that the property would be her primary residence for the year.US Federal Reserve Governor Lisa Cook, the first Black female governor and an ally of Chair Jerome Powell on interest rate policy, was fired by President Donald Trump for "deceitful and potentially criminal conduct," according to a letter Trump posted on his Truth Social website....
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