U.S. President Moves to Oust Fed Governor Amid Mounting Controversy
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On August 27, 2025,
President Donald Trump announced his intention to remove Federal Reserve Governor Lisa Cook from her position, citing unverified allegations of mortgage fraud. Governor Cook, whose term extends through 2038, responded today by stating she will file a lawsuit challenging the legality of her removal, underscoring the independent nature of the central bank. Trump has reportedly tapped economic adviser Stephen Miran as a potential replacement—a move that further intensifies tensions between the White House and the Fed.
In the same wave of executive actions, the Trump administration demanded a hefty $500 million from Harvard University in exchange for restoring federal funding, escalating disputes over public funding and institutional autonomy.
The administration also canceled $175 million in federal funding earmarked for California’s high-speed rail project, dealing another blow to one of the country’s largest infrastructure ventures. Additionally, the NAACP has filed a lawsuit against Texas over alleged racial gerrymandering, amplifying ongoing debates around voting rights and representation.
On the international front, a U.S. envoy faced backlash in Lebanon over offensive remarks made to journalists, adding diplomatic strain at a sensitive moment. Plus, Melania Trump launched an AI-focused student competition, promoting educational innovation amid these broader controversies.
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#FederalReserve
#TrumpAdministration
#Gerrymandering
#Infrastructure
#Diplomacy
#ArtificialIntelligence
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