Trump: Cook Appears to Be Engaging in Misconduct
By: theblockbeats.news|2025/08/26 19:32:08
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BlockBeats News, August 27th, U.S. President Trump (referring to Fed Governor Cook) said, "We are ready for legal battle. Cook seems to have engaged in misconduct. We need someone who is one hundred percent honest and upright." (FXStreet)
BlockBeats reported yesterday that U.S. President Trump signed a document to remove Fed Governor Cook from office, effective immediately. Trump stated in the document: "Pursuant to Article II of the U.S. Constitution and the amended Federal Reserve Act of 1913 granting me authority, I hereby dismiss Cook from the Board of Governors of the Federal Reserve System. Given Cook's lack of honesty in financial affairs, and potential involvement in criminal activities, I cannot have confidence in your integrity. At the very least, these actions expose serious negligence in your financial transactions, casting doubt on your ability and credibility as a financial regulator."
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