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🗓️ 27 August 2025
⏱️ 43 minutes
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| 0:00.0 | Tonight, Federal Reserve Governor Lisa Cook vows to fight Trump's move to fire her, saying she'll see him in court. |
| 0:07.9 | Then the president's latest weapon to silence and intimidate political opponents, allegations of mortgage fraud, |
| 0:14.1 | and the Democratic governor is taking on Trump how his attacks are raising their profiles as the 11th hour gets underway on this Tuesday night. |
| 0:26.8 | Good evening once again. I am Stephanie Ruhl and check your calendar because it is day 219 of the second Trump administration. |
| 0:35.3 | And today the Fed governor, Lisa Cook, says she is fighting Trump's |
| 0:38.8 | attempt to fire her. Cook says Trump has no authority to remove her and she will not resign. |
| 0:44.6 | Her attorney, Abby Lowell, says they will sue because the firing lacks any factual or legal |
| 0:50.2 | basis. But the Wall Street Journal reports that Donald Trump wants to move fast in naming |
| 0:54.9 | someone to take her spot on the Fed's board. The journal says two potential candidates are |
| 1:00.3 | White House Economic Advisor, Stephen Mirren, and former World Bank Group president, David Malpass. |
| 1:06.0 | NBC News has not confirmed this. But today, the president spoke out about his move against |
| 1:12.3 | Federal Reserve Governor Cook, and my colleague Garrett Haake has all those details. |
| 1:17.6 | Tonight, President Trump facing a new legal battle after his unprecedented move to fire |
| 1:22.2 | Federal Reserve Board Governor Lisa Cook, overnight declaring Cook hereby removed from her |
| 1:27.4 | position, saying there is |
| 1:29.0 | sufficient reason to believe you may have made false statements on one or more mortgage agreements. |
| 1:34.0 | She seems to have had an infraction, and she can't have an infraction, especially that infraction, |
| 1:39.8 | because she's in charge of, if you think about it, mortgages, and we need people that are 100% above |
| 1:45.6 | board, and it doesn't seem like she was. |
| 1:48.2 | But tonight, Cook says she'll sue to keep her job, writing, President Trump purported to |
| 1:53.2 | fire me for cause when no cause exists under the law, and he has no authority to do so. |
| 1:58.2 | I will not resign. |
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