{"id":2478934,"date":"2025-08-26T10:06:02","date_gmt":"2025-08-26T14:06:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/lisa-cook-says-shes-not-leaving-fed-and-trump-has-no-authority-to-fire-her\/"},"modified":"2025-08-26T10:07:25","modified_gmt":"2025-08-26T14:07:25","slug":"lisa-cook-says-shes-not-leaving-fed-and-trump-has-no-authority-to-fire-her","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/lisa-cook-says-shes-not-leaving-fed-and-trump-has-no-authority-to-fire-her\/","title":{"rendered":"Lisa Cook says she\u2019s not leaving Fed and Trump has \u2018no authority\u2019 to fire her"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">30<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Flisa-cook-says-shes-not-leaving-fed-and-trump-has-no-authority-to-fire-her%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2478934&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The article reports on Federal Reserve governor Lisa Cook&#8217;s response to President Donald Trump&#8217;s declaration that he was firing her. Cook stated that she is not resigning adn argued that Trump has no legal authority to remove her from her position. Trump claimed his authority under the Constitution and the Federal Reserve Act of 1913,saying there was &#8220;sufficient cause&#8221; for removal due to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/cruz-responds-to-faucis-attack-on-him-in-scathing-statement-doubles-down-on-call-for-criminal-probe\/\" title=\"Cruz Responds To Fauci\u2019s Attack On Him In Scathing ..., Doubles Down On Call For Criminal Probe\">alleged false statements<\/a> on <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-nominee-with-ties-to-environmental-terrorists-violated-ethics-rules-by-concealing-finances-watchdog-group-says\/\" title=\"Biden Nominee With Ties To Environmental Terrorists Violated Ethics Rules By Concealing Finances, Watchdog Group Says\">mortgage applications<\/a> by Cook. Cook and her attorney strongly denied these claims, condemning Trump&#8217;s dismissal as <a href=\"https:\/\/amzn.to\/3YuVZYV\" >lacking proper legal basis<\/a> and procedure. Cook affirmed she will continue performing her duties to support the American economy. As of the report, Trump had not responded to Cook or her attorney&#8217;s statements. <br \/> <!DOCTYPE html><br \/>\n<?xml encoding=\"utf-8\" ?><html><body><\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Lisa Cook says she&rsquo;s not leaving Fed and Trump has &lsquo;no authority&rsquo; to fire her<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_2212359\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>Federal Reserve governor Lisa Cook said she is not leaving her position despite President Donald Trump&rsquo;s <a href=\"https:\/\/www.washingtonexaminer.com\/policy\/finance-and-economy\/3762947\/trump-fires-fed-governor-lisa-cook\/\" target=\"_blank\" rel=\"noreferrer noopener\">announcement that he was firing her on Monday<\/a>.<\/p>\n<p>Cook made the revelation in a statement late Monday night, hours after Trump said he intended to remove Cook. She said she would not &ldquo;resign&rdquo; her position and that the president had no &ldquo;authority&rdquo; to remove her.&nbsp;<\/p>\n<div class=\"recommended-stories\">\n<h2>Recommended Stories<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/campaigns\/state\/3782192\/indiana-voters-mid-decade-redistricting-white-house-pressure\/\">Majority of Indiana voters oppose mid-decade redistricting as White House increases pressure campaign<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/world\/3782186\/australia-diplomatic-relations-iran-antisemitic-attacks\/\">Australia ends diplomatic relations with Iran after accusations it backed antisemitic arson attacks<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/house\/3780029\/maxwell-frost-democrats-start-2026-early-avoid-transactional-campaign\/\">Maxwell Frost urges Democrats to start 2026 early to avoid &lsquo;transactional&rsquo; campaign<\/a><\/li>\n<\/ul>\n<\/div>\n<div class=\"article-paywall\">\n<p>&ldquo;President Trump purported to fire me &lsquo;for cause&rsquo; when no cause exists under the law, and he has no authority to do so,&rdquo; Cook <a href=\"https:\/\/www.cnn.com\/2025\/08\/25\/business\/trump-fire-fed-governor\" target=\"_blank\" rel=\"noreferrer noopener\">said<\/a> in a statement. &ldquo;I will not resign. I will continue to carry out my duties to help the American economy as I have been doing since 2022.&rdquo;<\/p>\n<p>Trump <a href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/115092130707196133\" target=\"_blank\" rel=\"noreferrer noopener\">posted<\/a> a letter to his Truth Social account announcing the decision to terminate Cook&rsquo;s employment. Trump cited his authority in the Constitution, referencing Article II, and the Federal Reserve Act of 1913.&nbsp;<\/p>\n<p>    <iframe src=\"https:\/\/truthsocial.com\/@realDonaldTrump\/115092130707196133\/embed\" class=\"truthsocial-embed\" style=\"max-width: 100%; border: 0\" width=\"600\" allowfullscreen=\"allowfullscreen\"><\/iframe><script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script src=\"https:\/\/truthsocial.com\/embed.js\" async=\"async\"><\/script>    <\/p>\n<p>&ldquo;The Federal Reserve Act provides that you may be removed, at my discretion, for cause,&rdquo; Trump&rsquo;s post read. &ldquo;I have determined that there is sufficient cause to remove you from your position.&rdquo; <\/p>\n<p>Trump then referenced <a href=\"https:\/\/www.washingtonexaminer.com\/policy\/finance-and-economy\/3761502\/trump-fed-governor-cook-resign-pulte-mortgage-fraud\/\" target=\"_blank\" rel=\"noreferrer noopener\">previous mortgage applications of Cook&rsquo;s<\/a>, stating that &ldquo;there is sufficient reason to believe you may have <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/georgia-gop-governor-rips-mlb-for-caving-to-cancel-culture-says-president-biden-is-lying-about-voting-reform-bill\/\" title=\"Georgia GOP Governor Rips MLB For \u2018Caving To Cancel Culture,\u2019 Says ... Biden Is \u2018Lying\u2019 About Voting Reform Bill\">made false statements<\/a> on one or more mortgage agreements.&rdquo;&nbsp;&nbsp;<\/p>\n<p>Cook disagreed with this assessment. Her attorney echoed her sentiments and released a statement condemning Trump&rsquo;s decision, claiming it lacked &ldquo;legal authority.&rdquo;<\/p>\n<p>&ldquo;President Trump has taken to social media to once again &lsquo;fire by tweet&rsquo; and once again his reflex to bully is flawed and his demands lack any proper process, basis, or legal authority,&rdquo; <a href=\"https:\/\/www.politico.com\/news\/2025\/08\/25\/trump-says-hes-firing-federal-reserve-governor-lisa-cook-00523841\" target=\"_blank\" rel=\"noreferrer noopener\">said<\/a> Abbe Lowell, Cook&rsquo;s attorney.&nbsp;<\/p>\n<p><strong><a href=\"https:\/\/www.washingtonexaminer.com\/policy\/immigration\/3758363\/alliterative-immigration-detention-centers-trump-branding\/\" target=\"_blank\" rel=\"noreferrer noopener\">ALLITERATIVE IMMIGRATION DETENTION CENTERS REFLECT TRUMP&rsquo;S BRANDING<\/a><\/strong><\/p>\n<p>&ldquo;We will take whatever actions are needed to prevent his attempted illegal action,&rdquo; Lowell added.<\/p>\n<p>As of early Tuesday morning, Trump had not responded to the statements by Cook or her attorney.<\/p>\n<\/div><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lisa Cook refuses to quit Fed; says Trump can&#8217;t fire her<\/p>\n","protected":false},"author":2677,"featured_media":2478936,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/08\/Lisa-Cook.webp?w=696","fifu_image_alt":"","footnotes":""},"categories":[33651,538],"tags":[32663,62011,61989,3634],"class_list":["post-2478934","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","category-washington-examiner","tag-federal-reserve","tag-firing-authority","tag-lisa-cook","tag-trump"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/08\/Lisa-Cook.webp?w=696","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2478934","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2677"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2478934"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2478934\/revisions"}],"predecessor-version":[{"id":2478938,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2478934\/revisions\/2478938"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2478936"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2478934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2478934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2478934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}