TOPIC

/ people

Lisa Cook

The latest news and top stories on Lisa Cook, a US Federal Reserve Governor. She was appointed to the Fed Board in 2022, becoming the first African American woman to hold the position. Her background includes professorships at Michigan State and Harvard Universities, and roles as a senior economist for President Obama's Council of Economic Advisers and at the US Treasury.

US President Donald ‍Trump has renewed his threat ⁠to bring a lawsuit against Federal Reserve Chair Jerome Powell. Photo: Reuters

US Federal Reserve

Trump says preferred Fed pick is ready, again teases firing Powell

US president urges Jerome Powell to resign as he considers a ‘gross incompetence’ lawsuit against the Fed leader.

30 Dec 2025 - 4:38PM

United States

US Fed delivers quarter-point rate cut as policymakers weigh inflation outlook

11 Dec 2025 - 4:34AMvideocam

US-China trade war

US government shutdown hinders key data insights, impact of Trump’s tariffs

5 Nov 2025 - 3:51AMvideocam

Hong Kong stock market

Hong Kong stocks edge lower as investors weigh AI-driven gains

Investors sway between optimism that massive AI investments will sustain earnings and concerns about whether elevated valuations will hold.

4 Nov 2025 - 5:09PM

The lofty valuation of Palantir is worrying investors. Photo: Reuters

Donald Trump

Letitia James, NY attorney general and Trump foe, indicted for bank fraud

James had brought a civil fraud case against Trump, resulting in a US$454.2 million penalty that was later thrown out on appeal.

10 Oct 2025 - 5:57AM

United States

Supreme Court bars Trump from immediately firing Fed governor Cook

The court will hear arguments in January on the unprecedented attempt to remove a Fed official, challenging the central bank’s independence.

2 Oct 2025 - 2:34AMvideocam

Donald Trump

Trump asks US Supreme Court to allow firing of Fed Governor Lisa Cook

Trump first tried to fire Cook on August 25, saying she committed mortgage fraud.

19 Sep 2025 - 10:05AMvideocam

US Federal Reserve Governor Lisa Cook. Photo: Reuters

United States

US Fed cuts rates for first time in 2025 amid Trump pressure, weaker job outlook

The central bank lowered the rate by a quarter of 1 percentage point, with two more cuts likely this year.

18 Sep 2025 - 3:19PM

US Federal Reserve

Trump administration renews push to fire Fed governor Lisa Cook

Government said Cook’s legal arguments for why she should stay in the job were meritless. She has been accused of mortgage fraud.

15 Sep 2025 - 4:28AM

United States

Hiring stalls as US firms hold back expansion amid economic uncertainty

US employers added just 22,000 jobs in August, slowing from July and coming in below economists’ expectations.

5 Sep 2025 - 9:40PMvideocam

Commuters pass the New York Stock Exchange. The unemployment rate ticked up to 4.3 per cent, also worse than expected and the highest level since 2021. Photo: AP

United States

Trump admin opens criminal mortgage fraud probe into Fed governor Lisa Cook

The US president has fired Cook over the accusations, prompting her to file a lawsuit challenging his effort to oust her.

5 Sep 2025 - 4:33AM

Lisa Cook, nominee to be a member of the Board of Governors of the Federal Reserve System, is sworn in in Washington in June 2023. Photo: AFP

US Federal Reserve

Gold and silver surge on rising demand and looming Fed rate cut

The rally in precious metals has been underpinned by expectations that the Fed will reduce interest rates this month.

2 Sep 2025 - 11:28AM

Hong Kong economy

Editorial | Erosion of US Fed independence a worry for Hong Kong

City needs a predictable and independent US monetary policy. That is now a big question mark.

1 Sep 2025 - 7:15AM

United States

Trump sued by Fed Governor over removal, sparking independence fight

Lisa Cook’s lawsuit contests Trump’s authority to remove her from her post, potentially redefining the Federal Reserve’s independence.

29 Aug 2025 - 12:29AMvideocam

Lisa Coo attends a US Fed meeting discussing proposed revisions to the board’s supplementary leverage ratio standards in June. Photo: TNS

Donald Trump

Trump calls for George Soros and son to be charged over ‘violent protests’

The US president offered no evidence for his accusation against the Democratic donor and his son.

28 Aug 2025 - 11:44AM

Donald Trump

Fed governor will sue to keep her job as Trump mulls replacement

Cook is challenging Trump’s unprecedented attempt to fire her, potentially sparking a legal battle over the Fed’s independence.

27 Aug 2025 - 2:34PM

United States

US Justice Department to investigate Fed’s Lisa Cook, urges her removal

Her departure would create another opening for Trump to fill on the Fed board as he piles pressure on the central bank to lower rates.

22 Aug 2025 - 2:28AMvideocam

Help preserve 120 years of quality journalism.

SUPPORT NOW

Lisa Cook

Trump says preferred Fed pick is ready, again teases firing Powell

US president urges Jerome Powell to resign as he considers a ‘gross incompetence’ lawsuit against the Fed leader.

US Fed delivers quarter-point rate cut as policymakers weigh inflation outlook

US government shutdown hinders key data insights, impact of Trump’s tariffs

Hong Kong stocks edge lower as investors weigh AI-driven gains

Investors sway between optimism that massive AI investments will sustain earnings and concerns about whether elevated valuations will hold.

Letitia James, NY attorney general and Trump foe, indicted for bank fraud

James had brought a civil fraud case against Trump, resulting in a US$454.2 million penalty that was later thrown out on appeal.

Supreme Court bars Trump from immediately firing Fed governor Cook

The court will hear arguments in January on the unprecedented attempt to remove a Fed official, challenging the central bank’s independence.

Trump asks US Supreme Court to allow firing of Fed Governor Lisa Cook

Trump first tried to fire Cook on August 25, saying she committed mortgage fraud.

US Fed cuts rates for first time in 2025 amid Trump pressure, weaker job outlook

The central bank lowered the rate by a quarter of 1 percentage point, with two more cuts likely this year.

Trump administration renews push to fire Fed governor Lisa Cook

Government said Cook’s legal arguments for why she should stay in the job were meritless. She has been accused of mortgage fraud.

Hiring stalls as US firms hold back expansion amid economic uncertainty

US employers added just 22,000 jobs in August, slowing from July and coming in below economists’ expectations.

Trump admin opens criminal mortgage fraud probe into Fed governor Lisa Cook

The US president has fired Cook over the accusations, prompting her to file a lawsuit challenging his effort to oust her.

Gold and silver surge on rising demand and looming Fed rate cut

The rally in precious metals has been underpinned by expectations that the Fed will reduce interest rates this month.

.css-1m2rp1p{color:#34b8b5;}Editorial | Erosion of US Fed independence a worry for Hong Kong

City needs a predictable and independent US monetary policy. That is now a big question mark.

Trump sued by Fed Governor over removal, sparking independence fight

Lisa Cook’s lawsuit contests Trump’s authority to remove her from her post, potentially redefining the Federal Reserve’s independence.

Trump calls for George Soros and son to be charged over ‘violent protests’

The US president offered no evidence for his accusation against the Democratic donor and his son.

Fed governor will sue to keep her job as Trump mulls replacement

Cook is challenging Trump’s unprecedented attempt to fire her, potentially sparking a legal battle over the Fed’s independence.

US Justice Department to investigate Fed’s Lisa Cook, urges her removal

Her departure would create another opening for Trump to fill on the Fed board as he piles pressure on the central bank to lower rates.

Editorial | Erosion of US Fed independence a worry for Hong Kong