Trump Announces Dismissal of Federal Reserve Board Member Cook

According to news from Hashchain, U.S. President Trump announced the dismissal of Federal Reserve Board Member Lisa D. Cook, effective immediately, in accordance with Article II of the U.S. Constitution and the Federal Reserve Act amended in 1913. The reasons for Lisa D. Cook's dismissal include allegations of providing false information in real estate loan agreements. According to the criminal referral report from the Federal Housing Finance Agency dated August 15, Cook claimed properties in Michigan and Georgia as her primary residence in two documents, an action deemed fraudulent and potentially involving criminal issues. This incident has raised questions about her integrity and competence as a financial regulator.