Trump removes the central bank governor MHM NEWS

MHM NEWS

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00:00U.S. President Donald Trump has ordered the removal of Federal Reserve Governor Lisa Cook.

00:10Dear viewers, if you like this news, please like it and share your comment.

00:15He alleges that Cook is accused of providing false information in mortgage loan documents.

00:20This is according to the BBC. The media outlet reports that U.S. President Donald Trump has

00:25announced the immediate removal of Lisa Cook, a member of the Federal Reserve's Board of Governors.

00:31This is seen as a major escalation in his ongoing conflict with the U.S. Central Bank.

00:44On Monday night, in a post on his social media platform Truth Social,

00:48Trump published a letter to Cook. In it, he stated that Cook is accused of providing

00:53false information in mortgage loan documents. He has decided to remove her immediately,

00:58using the powers granted by the Constitution. The letter from Trump says that Cook had signed

01:04documents stating a house in Michigan as her primary residence. Just two weeks later,

01:09she submitted documents for another property in Georgia with the same declaration.

01:14Trump wrote,

01:15It is difficult to believe that you are not aware of this when you sign the second document

01:19after making the first commitment. Neither Cook nor the Federal Reserve has commented on the matter

01:25yet. The BBC says that in recent weeks, Trump has repeatedly increased pressure on the Fed,

01:31especially targeting its head, Jerome Powell. He alleges that the central bank is reluctant to

01:37lower interest rates. He has even hinted at firing Powell on multiple occasions. However,

01:42the move to remove Cook is being seen as unprecedented. In its 111-year history,

01:49no Fed board member has been dismissed in this manner. She was one of the seven members and the

01:54first African-American woman to hold this position. Legal questions may also arise regarding this action,

02:00as experts believe the White House may have to prove in court that there was sufficient reason for

02:05the removal.

02:05The case of the Federal Reserve Bank, the Federal Reserve Bank of the U.S.

02:27શુત્ર બીબીશે શૌગબાદ માધધમ તે બોલશે મારકીન પેસીડેન ડોણાલ ટરમ ફેડારારાલ દેજારબેર બર્�

02:57ક્રુત સસલે એક પોસ્તે ટ્રામ કુક્કે લેખા એક્ટી ચિથી પોકાસ કરેન તાતે તીની જાણાં કુકેર બ

03:27જોજીએર આરેક્ટી સમ્પતી જોનો એકોઈ ઘસન દીએ નથી જમાં દેન તીની

03:33ત્રાંપ લીખેન પથમ પોતી સોતી દ્યવાર પર જીત્યો નથી શાક્ખરે સમ્ય આપનીતા જાંતેનના એતા વિશ�

04:03હાર કમાતે કેન જો બ્યાંક અનિહા દાખાચે આમોનકી તીની એકાધર પાવેલ કે બરખાસતો કરાર ઇંગીતો દ

04:33પારે કારણ વિશસક ગરા મરે કટછેન ભાઈટ હાઉસ કેયા આ દાલોતે પમાન કોતે હતે પારે જે અપસારણ ને �

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