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Trump moves to fire Fed governor Lisa Cook, escalating attacks on the central bank

FT.com Tuesday, 26 August 2025 ()
Also in today’s newsletter, what Bethlehem, Pennsylvania, tells us about the 2028 presidential election
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News video: Ousters at key agencies as Trump consolidates power

Ousters at key agencies as Trump consolidates power

Former central bank governor, Lisa Cook, sued the president, the Federal Reserve and Chair Jerome Powell over her dismissal. And the administration tapped HHS Secretary Robert Kennedy, Jr.'s deputy to be acting CDC director. Peter Baker, Natasha Korecki and Amy McGrath join.

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