lisa cook fed governor trump firing.

Lisa Cook made headlines three years ago when she became the first Black woman to serve on the Federal Reserve’s Board of Governors, one of the most powerful financial institutions in the world. On Monday, President Donald Trump said he was firing Cook, who has worked in the Clinton, G.W. Bush and Obama administrations. Critics say accusations of mortgage fraud against Cook are being used as a tool by Trump to gain control of the Federal Reserve, one of the few remaining independent agencies in Washington. The allegations were raised by Bill Pulte, a Trump appointee who heads the Federal Housing Finance Agency. He has raised similar allegations against Sen. Adam Schiff, D-Calif. and New York Attorney General Letitia James.