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Fed Up: Lisa Cook Refuses to Be Fired

Start Here

ABC News

News, Daily News, Politics

4.56.4K Ratings

🗓️ 27 August 2025

⏱️ 30 minutes

🧾️ Download transcript

Summary

In a dramatic confrontation, a member of the Federal Reserve Board of Governors disputes President Trump’s authority to fire her. Drugmaker Eli Lilly claims a GLP-1 is on track for FDA approval after a successful trial. And while Indiana Republicans consider a new congressional map, a judge tells Utah to examine their current one.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

This show is supported by Dell, introducing the new Dell PC powered by the Intel Core Ultra processor.

0:06.2

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0:09.8

That means it's built to help do your busy work for you, so you can fast forward through editing images, designing presentations, generating code, debugging code, running lots of apps without lag, creating live translations and captions,

0:22.0

summarizing meeting notes, extending battery life, enhancing security, finding that file you

0:26.5

were looking for, managing your schedule, meeting your deadlines, and responding to long

0:31.4

emails. Leaving all the time in the world for more you time and for the things you actually want to do.

0:37.3

Get a new Dell PC at Dell.com slash AI-PC.

0:41.3

That's Dell.com slash AI-PC.

0:44.5

How those ahead. Stay ahead.

0:50.0

It's Wednesday, August 27th.

0:52.1

He's got hiring power.

0:53.5

Does he have the firing power?

0:55.6

You start here.

0:59.0

President Trump declares he's fired a voting member of the Fed, but she's not leaving.

1:04.4

This is a body that's supposed to be pretty protected.

1:07.4

Is this careful White House oversight or a scheme to fix interest rates? If you thought these drugs were popular now, just wait.

1:14.6

It would make a huge difference to a lot of people.

1:17.6

A drug maker says it's ready to start making a GLP1 pill. And just because you draw a new congressional map doesn't make it legal.

1:25.6

The district court's looking at that and saying, you got to redo this.

1:28.8

As President Trump asks Republicans to press their advantage, a judge says one state has

1:33.7

already overreached.

1:37.0

From ABC News, this is Start Here.

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