---
title: "Trump fires Fed governor Lisa Cook, opening new front in fight for control over central bank"
description: "President Donald Trump has fired Federal Reserve Governor Lisa Cook, intensifying his efforts to gain control over the central bank, which is traditionally independent from political influence. Trump "
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/254519605.md"
published_at: "2025-08-26T00:24:23.000Z"
---

# Trump fires Fed governor Lisa Cook, opening new front in fight for control over central bank

> President Donald Trump has fired Federal Reserve Governor Lisa Cook, intensifying his efforts to gain control over the central bank, which is traditionally independent from political influence. Trump cited allegations of mortgage fraud against Cook, made by Bill Pulte, a Trump appointee to the agency overseeing Fannie Mae and Freddie Mac. This move marks a significant escalation in Trump's ongoing battle with the Federal Reserve.

WASHINGTON (AP) — President Donald Trump fired Federal Reserve Governor Lisa Cook late Monday, a sharp escalation in his battle to exert greater control over what has long been considered an institution independent from day-to-day politics.

Trump said in a letter posted on his Truth Social platform that he is firing Cook because of allegations that she committed mortgage fraud. Bill Pulte, a Trump appointee to the agency that regulates mortgage giants Fannie Mae and Freddie Mac, made the accusations last week.

## Should You Invest $1,000 in Fannie Mae Right Now?

Before you consider Fannie Mae, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Fannie Mae wasn't on the list.

While Fannie Mae currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

### Related Stocks

- [FNMA.US - Federal National Mortgage Association](https://longbridge.com/en/quote/FNMA.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| Life after the Great Resignation: Incentives are dimming for workers to change jobs | The labor market is experiencing a shift post-Great Resignation, with a significant decline in job quits and a narrowing | [Link](https://longbridge.com/en/news/276373489.md) |
| TECHNICALS-US oil may retrace toward $65.23 | U.S. oil prices may retrace to $65.23 per barrel after losing bullish momentum from a January high of $66.48. Resistance | [Link](https://longbridge.com/en/news/276408724.md) |
| Life After Goldmageddon – Boring Is The New Up | ChillingOur base case for gold, outlined recently, remains that the shiny metal needs to consolidate after the huge run- | [Link](https://longbridge.com/en/news/276062495.md) |
| ROI-Crude oil's current Iran premium assumes no supply disruption: Russell | The current premium in crude oil prices reflects tensions between the U.S. and Iran, fluctuating based on daily news. Br | [Link](https://longbridge.com/en/news/276335019.md) |
| Ferrari N.V. $RACE Stake Boosted by Vanguard Group Inc. | Vanguard Group Inc. increased its stake in Ferrari N.V. (NYSE:RACE) by 1.6% in Q3, now owning 5,154,944 shares valued at | [Link](https://longbridge.com/en/news/276451989.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.