Breaking news: Trump demands a Fed governor resign, stepping up his attack on the bank

It's the latest move in his pressure campaign on the central bank.

View in browser Aug. 20, 2025, 10:57 a.m. ET BREAKING NEWS Brittany Greeson for The New York Times Trump Steps Up Attack on Fed as He Demands a Governor Resign President Trump demanded that Lisa Cook, a Federal Reserve governor, resign, citing unconfirmed claims of mortgage fraud. It was the latest move in his campaign to remake the central bank. Follow live updates More Top Stories The Democratic Party is facing a voter registration crisis. → New details have emerged on Fox hosts' efforts to bolster President Trump in 2020. → President Trump's tactics mean many international students won't make it to campus. → If you received this newsletter from someone else, subscribe here. Need help? Review our newsletter help page or contact us for assistance. You received this email because you signed up for Breaking News from The New York Times. To stop receiving Breaking News, unsubscribe. To opt out of other promotional emails from The Times, including those regarding The Athletic, manage your email settings. Subscribe to The TimesGet The New York Times app Connect with us on: Change Your EmailPrivacy PolicyContact UsCalifornia Notices The New York Times Company. 620 Eighth Avenue New York, NY 10018