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Trump fired Lisa Cook on August 25, 2025, marking the first time a president fired a Fed governor in the central bank 111-year history.

Explanation

August 25, 2025 marked the first presidential removal attempt of a Fed governor in the central bank's 111-year history. Every prior governor departure was voluntary resignation or term completion. Thi...

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This question is part of Fed Governor Cook defies Trump firing, creating Fed constitutional standoff. 5 more questions available.