NWLC Condemns Trump’s Illegal Attempt to Remove Federal Reserve Governor Lisa Cook

WASHINGTON — Following President Trump’s unlawful efforts to remove Federal Reserve Governor Lisa Cook from the board, the National Women’s Law Center issued the following statement from its CEO and president, Fatima Goss Graves: 

“Trump’s effort to fire Lisa Cook from the Federal Reserve is further evidence of his strategy to illegally dismantle a politically independent body he cannot control. The president has absolutely no credible cause for her dismissal, nor the authority to remove this highly respected economist from her post. 

“Time and time again, the president has targeted Black women leaders and has tried to push them out of positions of power. As prices continue to rise and his public approval falls, Trump is trying to distract the nation from his failures by removing the experts and replacing them with political loyalists who will blindly carry out his destructive agenda, whatever the cost to our nation and to working families.

“We will continue to fight back against Trump’s attacks on our democratic institutions and attempts to illegally amass power.”