Federal Reserve Board Member Lisa Cook Dismissed by President Trump

According to BlockBeats, U.S. President Donald Trump has signed a document to immediately remove Lisa Cook from her position as a Federal Reserve Board member. The decision, effective immediately, was made under the authority granted by Article II of the U.S. Constitution and the amended Federal Reserve Act of 1913. Trump cited concerns over Cook's integrity in financial matters, suggesting potential involvement in criminal activities. He expressed a lack of confidence in her honesty, stating that her actions have exposed significant negligence in financial transactions, raising doubts about her capability and credibility as a financial regulator. Sources indicate that Cook may file a lawsuit regarding her dismissal as early as today.