Trump’s attempt to fire Federal Reserve chief denounced as ‘authoritarian power grab’ - US politics live

Aug 26, 2025 - 08:00
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Trump’s attempt to fire Federal Reserve chief denounced as ‘authoritarian power grab’ - US politics live

Trump accused of ‘cobbling together’ mortgage fraud allegations against Lisa Cook as top Democrats react furiously

Lev Menand, a law professor at Columbia law school, said Donald Trump’s attempt to fire Federal Reserve chief Lisa Cook is a “procedurally invalid removal under the statute”.

Menand, who authored a book about the Fed’s actions during the coronavirus pandemic, also said for-cause firings are typically related to misconduct while in office, rather than based on private misconduct from before an official’s appointment. Continue reading...

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