President Donald Trump has announced that he is removing Federal Reserve governor Lisa Cook from her post, marking a sharp escalation in his clash with the US central bank.

Trump said in a letter posted on his Truth Social platform that he is firing Cook because of allegations that she committed ...

Donald Trump has dismissed Fed governor Lisa Cook over alleged mortgage fraud, intensifying his clash with the central bank’s ...

Stay updated with the latest news on the U.S. Federal Reserve. Get comprehensive coverage and analysis of the Fed's monetary ...

US President Donald Trump says he has ousted a member of the Federal Reserve's Board of Governors for alleged mortgage fraud.