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International Business Times
International Business Times
Business

Who Is Lisa Cook, The Fed Governor Trump Seeks To Fire?

Lisa Cook Donald Trump US Federal Reserve Jerome Powell United States
US Federal Reserve Governor Lisa Cook plans to contest President Donald Trump's attempt to remove her from her position at the central bank (Credit: AFP)

Lisa Cook, the first Black woman to serve on the powerful Federal Reserve Board of Governors, has become US President Donald Trump's latest target as he ramped up pressure on the central bank.

Cook was one of former president Joe Biden's choices to fill open seats on the Fed board -- a seven-member body guiding US monetary policy -- and she took office as a Fed governor in May 2022.

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