Trump Fires Federal Reserve Governor Over Mortgage Fraud Allegations

US President Donald Trump has made an unprecedented move by firing Federal Reserve Governor Lisa Cook over allegations of mortgage fraud. This development comes as part of Trump's ongoing attacks against the US central bank.

Cook, who was appointed by President Biden, denied that Trump had the authority to remove her from office and vowed not to step down. The exact nature of the allegations against Cook is not specified in the source.

The move has sparked controversy, with Cook's position as a member of the Federal Reserve Board making her one of the most prominent figures in US monetary policy. Trump's actions have been seen as an attempt to exert greater control over the central bank.