Friday, 4 September 2026Clear-eyed news, from daybreak on.
DaybreakWire
Independent news, around the clock
Topic

Lisa Cook

President Trump and then-Fed Chair Jerome Powell tour renovations at the Federal Reserve building in Washington, D.C., in 2025.

Why Trump Can't Just Fire a Federal Reserve Governor

The Federal Reserve Act lets a president remove a governor only "for cause." That standard, paired with 14-year staggered terms, is why Trump's second attempt to oust Lisa Cook faces the same wall as his first.

Politics  · 4 Sep 2026, 09:17  · Marcus Hale