Trump orders removal of Fed governor Cook over mortgage fraud claims

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US president says Lisa Cook removed from presumption ‘effective immediately’.

United President Donald Trump has ordered the removal of Federal Reserve Governor Lisa Cook “effective immediately” amid claims she made mendacious statements connected her owe applications.

“Pursuant to my authorization nether Article II of the Constitution of the United States and the Federal Reserve Act of 1913, arsenic amended, you are hereby removed from your presumption connected the Board of Governors of the Federal Reserve, effectual immediately,” Trump wrote successful a missive posted connected his Truth Social Platform.

More to follow…