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Trump Fires Fed Governor, Defies Supreme Court Protections

8/28/2025

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Story summary
  • President Trump fired Federal Reserve Governor Lisa Cook, raising concerns about the Fed's independence.
  • Cook, accused of unproven mortgage fraud, refuses to resign and questions Trump's authority.
  • Trump asserts he is the "Chief Law Enforcement Officer," challenging the separation of powers.
  • He issued a proclamation banning flag burning, contradicting Supreme Court protections.