{"id":2479066,"date":"2025-08-26T13:50:04","date_gmt":"2025-08-26T17:50:04","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/federal-reserve-gov-lisa-cook-defies-trumps-firing-hires-prominent-lawyer-who-represented-hunter-biden\/"},"modified":"2025-08-26T13:51:13","modified_gmt":"2025-08-26T17:51:13","slug":"federal-reserve-gov-lisa-cook-defies-trumps-firing-hires-prominent-lawyer-who-represented-hunter-biden","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/federal-reserve-gov-lisa-cook-defies-trumps-firing-hires-prominent-lawyer-who-represented-hunter-biden\/","title":{"rendered":"Federal Reserve Gov. Lisa Cook Defies Trump&#8217;s Firing, Hires Prominent Lawyer Who Represented Hunter Biden"},"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%2Ffederal-reserve-gov-lisa-cook-defies-trumps-firing-hires-prominent-lawyer-who-represented-hunter-biden%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=2479066&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 discusses a new development in the ongoing conflict between former President Donald Trump and the federal Reserve. trump announced he was firing Federal Reserve Governor Lisa Cook, accusing her of mortgage fraud for allegedly claiming two properties as her primary residence to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/divine-justice-schiff-criminal-referral-accuses-him-of-same-thing-dems-prosecuted-trump-for\/\" title=\"Divine Justice? Schiff Criminal Referral Accuses Him of Same Thing Dems Prosecuted Trump For\">secure <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/how-to-stop-inflation-from-hurting-americas-working-and-middle-class\/\" title=\"How To Stop Inflation From Hurting America\u2019s Working And Middle Class\">lower interest rates<\/a><\/a>. Cook denied the allegations, stating there is no legal cause for her removal and that Trump lacks the authority to fire her. She has hired attorney Abbe Lowell, known for representing Hunter Biden, who argues that Trump&#8217;s firing attempt is politically motivated and lacks due process. This <a href=\"https:\/\/amzn.to\/3YuVZYV\" >controversy highlights unresolved legal questions<\/a> over presidential powers to remove Fed governors &#8220;for cause,&#8221; as defined by the Federal Reserve Act, and may ultimately reach the Supreme court. The situation has sparked divided reactions, with some accusing Cook of wrongdoing, while others, including Democratic representatives, denounce Trump&#8217;s move as racially and politically motivated, emphasizing that Cook is the first Black woman to serve as a Fed governor.  <\/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\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?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<section> \t\t\t\t<script>console.log(\"ad slot (AC1)\")<\/script><script>console.log(\"ad slot (IC1)\")<\/script><script>console.log(\"ad slot (IC2)\")<\/script><script>console.log(\"ad slot (IC3)\")<\/script><script>console.log(\"ad slot (IC4)\")<\/script><script>console.log(\"ad slot (REP_0)\")<\/script><script>console.log(\"ad slot (REP_1)\")<\/script><script>console.log(\"ad slot (REP_2)\")<\/script><script>console.log(\"ad slot (REP_3)\")<\/script><\/p>\n<p>An ongoing struggle between President Donald Trump and the Federal Reserve just took on a new twist.<\/p>\n<p>Lisa Cook, the embattled Federal Reserve governor targeted for firing by President Donald Trump, said an accusation she engaged in mortgage fraud is not &ldquo;cause&rdquo; for her termination, according to <a href=\"https:\/\/www.nytimes.com\/2025\/08\/26\/us\/politics\/lisa-cook-fed-governor.html\" target=\"_blank\" rel=\"noopener\">The New York Times<\/a>.<\/p>\n<p>And she&rsquo;s hired Hunter Biden&rsquo;s attorney to back her up.<\/p>\n<p>Trump announced Monday <a href=\"https:\/\/www.westernjournal.com\/trump-fires-fed-governor-lisa-cool-mortgage-fraud-charges-consume-yet-another-tool-biden-admin\/\" target=\"_blank\" rel=\"noopener\">he was firing Cook<\/a> after she was the subject of a <a href=\"https:\/\/www.westernjournal.com\/trump-calls-federal-reserve-governors-resignation-named-criminal-referral\/\" target=\"_blank\" rel=\"noopener\">criminal referral<\/a> to the Justice Department from Bill Pulte, director of the Federal Housing Finance Agency.<\/p>\n<p>Pulte alleged that Cook had engaged in mortgage fraud by claiming both her Michigan home and a condo in Atlanta as her &ldquo;primary residence.&rdquo; A borrower&rsquo;s &ldquo;primary residence&rdquo; tends to be subject to lower interest rates because individuals are less likely to default on loans that involve the homes they live in.<\/p>\n<p> <script type=\"text\/javascript\"> \t\t\tif ( getCookie( \"ff_subbed\" ) ) { \t\t\t\tdocument.getElementById(\"stnvideo\").remove() \t\t\t} else { \t\t\t\tdocument.addEventListener(\"DOMContentLoaded\", function() { \t\t\t\t\tfunction loadScript(src) { \t\t\t\t\t\tconst script=document.createElement(\"script\"); \t\t\t\t\t\tscript.src=src; \t\t\t\t\t\tscript.async=true; \t\t\t\t\t\tdocument.body.appendChild(script); \t\t\t\t\t} \t\t\t\t\tfunction findPreviousParagraph(selector, x) { \t\t\t\t\t\tconst targetElement=document.querySelector(selector); \t\t\t\t\t\tif (!targetElement) { \t\t\t\t\t\t\tconsole.warn(\"Target element not found.\"); \t\t\t\t\t\t\treturn null; \t\t\t\t\t\t}  \t\t\t\t\t\t\/\/ Get all <\/p>\n<p> elements in order as they appear in the document \t\t\t\t\t\tlet paragraphs=Array.from(document.querySelectorAll(\"p\"));  \t\t\t\t\t\t\/\/ Find the index of the last <\/p>\n<p> before the target element \t\t\t\t\t\tlet targetIndex=paragraphs.findIndex(p=> p.compareDocumentPosition(targetElement) & Node.DOCUMENT_POSITION_PRECEDING); 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\t\t\t\t\tobserveElement(paragraphToObserve); \t\t\t\t}); \t\t\t} \t\t<\/script> <\/p>\n<p>(Pulte has sent a similar criminal referral to the DOJ targeting <a href=\"https:\/\/www.westernjournal.com\/alert-schiff-officially-criminal-investigation-criminal-referral-hhs-slam-dunk-report\/\" target=\"_blank\" rel=\"noopener\">Democratic Sen. Adam Schiff<\/a>, accusing him of mortgage fraud related to residences in California and Maryland.)<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">UPDATE: Lisa Cook says she&rsquo;s not going anywhere and Trump&rsquo;s bid to fire her is baseless. <a href=\"https:\/\/t.co\/HvPUvUvHIy\">https:\/\/t.co\/HvPUvUvHIy<\/a> <a href=\"https:\/\/t.co\/7g0tXPoWuj\">pic.twitter.com\/7g0tXPoWuj<\/a><\/p>\n<p>&mdash; Kyle Cheney (@kyledcheney) <a href=\"https:\/\/twitter.com\/kyledcheney\/status\/1960174571916587259?\">August 26, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Hours after Trump&rsquo;s announcement, The New York Times reported, Cook struck back, declaring in a statement released through her lawyer that &ldquo;no cause exists under the law&rdquo; for her to be fired.<\/p>\n<p>&ldquo;President Trump purported to fire me &lsquo;for cause&rsquo; where no cause exists under the law, and he has no authority to do so,&rdquo; she said in the statement.<\/p>\n<p>&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>Cook&rsquo;s attorney is Abbe Lowell, last seen on the national stage representing former President Joe Biden&rsquo;s son, Hunter Biden.<\/p>\n<p>One of Lowell&rsquo;s failing arguments in Hunter Biden&rsquo;s defense was that the charges against him <a href=\"https:\/\/www.westernjournal.com\/federal-judge-bad-news-hunter-biden-says-zero-evidence-charges-politically-motivated\/\" target=\"_blank\" rel=\"noopener\">were politically motivated<\/a>.<\/p>\n<p>On Monday, he was making a similar suggestion on Cook&rsquo;s behalf.<\/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; he said in a statement, according to <a href=\"https:\/\/www.cnbc.com\/2025\/08\/25\/trump-fires-lisa-cook-fed-powell.html\" target=\"_blank\" rel=\"noopener\">CNBC<\/a>.<\/p>\n<p>&ldquo;We will take whatever actions are needed to prevent his attempted illegal action,&rdquo; Lowell said.<\/p>\n<p>The Cook situation is the latest flashpoint in a feud between Trump and the Federal Reserve that goes back to Trump&rsquo;s return to the White House.<\/p>\n<p>The president has been demanding the Fed lower interest rates to spur the economy, but Fed Chairman Jerome Powell has resisted.<\/p>\n<p>The disagreement has spread into other areas, like <a href=\"https:\/\/www.westernjournal.com\/trump-schedules-interesting-personal-tour-powell-quaking\/\" target=\"_blank\" rel=\"noopener\">costly renovations<\/a> to the Fed&rsquo;s Washington, D.C., headquarters, but the Cook controversy features an actual legal issue that could end up before the Supreme Court.<\/p>\n<p>In a <a href=\"https:\/\/www.nationalreview.com\/the-morning-jolt\/trump-contends-he-can-fire-board-members-of-the-federal-reserve\/\" target=\"_blank\" rel=\"noopener\">Tuesday piece<\/a> on the conservative website National Review senior political correspondent Jim Geraghty explained that presidential powers over the Federal Reserve have not been fully adjudicated.<\/p>\n<p>The <a href=\"https:\/\/www.federalreserve.gov\/aboutthefed\/section10.htm\" target=\"_blank\" rel=\"noopener\">Federal Reserve Act,<\/a> establishing the Fed in 1913, states that governors will serve terms of 14 years &ldquo;unless sooner removed for cause by the President,&rdquo; which implies the president has the power to fire governors, but does not define what &ldquo;cause&rdquo; entails.<\/p>\n<p>Does an as-yet unproven allegation that Cook engaged in mortgage fraud count as &ldquo;cause&rdquo;?<\/p>\n<p>Some social media users apparently thought so.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">While she repeatedly voted to NOT lower interest rates for us, this Fed Governor was lying on her own mortgage documents to get a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/obama-white-house-adviser-arrested-for-stealing-over-200k-from-charter-schools\/\" title=\"Obama White House Adviser Arrested For Stealing Over 0K From Charter Schools\">lower interest rate<\/a> for herself.<\/p>\n<p>Let that sink in.<\/p>\n<p>Arrest Lisa Cook. <a href=\"https:\/\/t.co\/rf5LweWe5R\">pic.twitter.com\/rf5LweWe5R<\/a><\/p>\n<p>&mdash; Kentucky Girl (@Notwokenow) <a href=\"https:\/\/twitter.com\/Notwokenow\/status\/1960284600430633180?\">August 26, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Lisa Cook wouldn&rsquo;t cut interest rates to help Americans afford mortgages as she was lying about her our mortgages.<\/p>\n<p>Think about that&hellip;<\/p>\n<p>The &ldquo;elites&rdquo; have their own rules.<\/p>\n<p>What did Jerome Powell know and when did he know it? <a href=\"https:\/\/t.co\/QtP0nS9txP\">pic.twitter.com\/QtP0nS9txP<\/a><\/p>\n<p>&mdash; C3 (@C_3C_3) <a href=\"https:\/\/twitter.com\/C_3C_3\/status\/1960158706483536269?\">August 26, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Democrats disagreed.<\/p>\n<p>Rep. Jasmine Crockett of Texas &mdash; one of the <a href=\"https:\/\/www.westernjournal.com\/jasmine-crockett-heckled-fake-ghetto-hoodrat-persona-tx-event-raised-conservative-suburb\/\" target=\"_blank\" rel=\"noopener\">loudest liberal voices<\/a>&nbsp;in U.S. politics today &mdash; blasted Trump&rsquo;s move as racist and sexist.<\/p>\n<p>Cook is the first black woman to be a governor on the Fed board.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">For the first time in 111 years, a President is planning to fire a sitting Fed governor&mdash;and of course, it&rsquo;s the first Black woman, Lisa Cook.<\/p>\n<p>Trump&rsquo;s message is clear: when Black women rise, he&rsquo;ll do anything to push us down.<\/p>\n<p>Newsflash: we&rsquo;re not going anywhere.<\/p>\n<p>&mdash; Congresswoman Jasmine Crockett (@RepJasmine) <a href=\"https:\/\/twitter.com\/RepJasmine\/status\/1960343560756056539?\">August 26, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&ldquo;For the first time in 111 years, a President is planning to fire a sitting Fed governor&mdash;and of course, it&rsquo;s the first Black woman, Lisa Cook,&rdquo; Crockett wrote.<\/p>\n<p>&ldquo;Trump&rsquo;s message is clear: when Black women rise, he&rsquo;ll do anything to push us down.&rdquo;<\/p>\n<div style=\"position: relative;\">\n<div class=\"ff-fancy-header-container\"> \t\t\t \t<\/div>\n<div class=\"entry-submit-correction inner-content\">\n<div class=\"correction-form\">\n<form style=\"display: none;\">\n<div class=\"sc-name-field\"> \t\t\t\t\t\t<label>* Name<\/label> \t\t\t\t\t\t<br \/> \t\t\t\t\t\t<input type=\"text\" name=\"name\" required> \t\t\t\t\t<\/div>\n<div class=\"sc--field\"> \t\t\t\t\t\t<label>* <\/label> \t\t\t\t\t\t<br \/> \t\t\t\t\t\t<input type=\"text\" name=\"\" required> \t\t\t\t\t<\/div>\n<p> \t\t\t\t\t<label>* Message<\/label> \t\t\t\t\t<br \/> \t\t\t\t\t<textarea name=\"message\" required><\/textarea> \t\t\t\t\t \t\t\t\t\t<\/p>\n<div class=\"required-message\" style=\"display: none; padding-bottom: 15px;\">* All fields are required.<\/div>\n<p> \t\t\t\t\t<input type=\"submit\" value=\"Submit\" onclick=\"event.preventDefault(); firefly_sc();\"> \t\t\t\t\t \t\t\t\t\t<\/p>\n<div class=\"firefly-sc-confirm\" style=\"display: none;\">Success!<\/div>\n<\/p><\/form>\n<\/p><\/div>\n<\/p><\/div>\n<p> \t\t<script> \t\t\tfunction firefly_sc() { \t\t\t\tif( typeof window.captchaPublicKey==typeof undefined ){ \t\t\t\t\tconsole.error('window.captchaPublicKey is not defined'); \t\t\t\t} \t\t\t\tgrecaptcha.execute( window.captchaPublicKey, { action: 'submit_correction' } ).then( function( token ) { \t\t\t\t\tvar opts={ \t\t\t\t\t\taction:    'firefly_sc_submit', \t\t\t\t\t\tname:      document.querySelector( '.entry-submit-correction [name=\"name\"]' ).value, \t\t\t\t\t\t:     document.querySelector( '.entry-submit-correction [name=\"\"]' ).value, \t\t\t\t\t\tmessage:   document.querySelector( '.entry-submit-correction [name=\"message\"]' ).value, \t\t\t\t\t\tpost_id:   firefly_post_id, \t\t\t\t\t\tcap_token: token \t\t\t\t\t}  \t\t\t\t\tvar inputs=[ 'name', '', 'message' ];  \t\t\t\t\tfor( var i=0; i <inputs.length; i++ ) if( ! 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Lisa Cook, the Federal Reserve governor whom Trump is seeking to dismiss, denies that allegations of mortgage fraud constitute valid grounds for her removal, according to The New York Times. She has also retained Hunter Biden&#8217;s attorney to support her defense<\/p>\n","protected":false},"author":1,"featured_media":2479067,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2025\/08\/Lisa-Cook-4.jpg","fifu_image_alt":"","footnotes":""},"categories":[33651],"tags":[32663,32528,61989,3634],"class_list":["post-2479066","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","tag-federal-reserve","tag-hunter-biden","tag-lisa-cook","tag-trump"],"fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2025\/08\/Lisa-Cook-4.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2479066","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2479066"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2479066\/revisions"}],"predecessor-version":[{"id":2479070,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2479066\/revisions\/2479070"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2479067"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2479066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2479066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2479066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}