Federal Reserve Governor Lisa Cook issued a statement through her attorneys in response to President Trump’s attempt to remove her from the Board of Governors. “President Trump claims to have fired me ‘for cause’ when no such cause exists under the law, and he lacks the authority to do so. I will not resign. I will continue fulfilling my responsibilities to support the American economy, as I have since 2022.” Trump’s justification for Cook’s removal was a Justice Department investigation launched last week into alleged mortgage fraud, referred by Federal Housing Finance Agency Director Bill Pulte, who has also forwarded complaints targeting several of the president’s political opponents. image
Israel’s Defense Minister, Israel Katz, posted an image of Ayatollah Kahembei controlling Lula. image
Lula stated that the United States has revoked the visa of Justice Minister Ricardo Lewandowski and described the American action as irresponsible. The Ministry of Justice’s press office said that Lewandowski has not received official confirmation from the U.S. government regarding the cancellation.
U.S. President Donald J. Trump posted a letter of termination tonight on Truth Social directed at Federal Reserve Governor Lisa Cook, citing her removal as tied to a Department of Justice investigation into alleged “mortgage fraud.” Trump’s Federal Housing Finance Agency Director, Bill Pulte, has also leveled similar accusations at other political rivals of the president, including New York Attorney General Letitia James and California Sen. Adam Schiff. However, Trump does not have the authority to dismiss Federal Reserve Governors without established “just cause,” a limitation that has long fueled his frustration over being unable to oust Fed Chairman Jerome Powell. As Cook has not been convicted of any crime, the termination letter is unlikely to hold legal weight and will almost certainly be struck down by a federal court—or, if challenged, by the Supreme Court.
A Chinese defense firm has recently revealed several mobile mock-ups of the U.S.-made M142 High Mobility Artillery Rocket System (HIMARS), intended for use by the People’s Liberation Army (PLA) in upcoming military exercises. The replicas were painted in a camouflage scheme resembling that of the Taiwanese Army, which received multiple HIMARS units from the United States in November 2024.