FOR IMMEDIATE RELEASE: Aug. 26, 2025
CONTACT: Carter Dougherty, carter@ourfinancialsecurity.org
AFR Condemns Unlawful Attempted Firing of Federal Reserve Governor Lisa Cook
Statement of Patrick Woodall, AFR Managing Director for Policy:
President Trump’s unlawful attempt to purge the Federal Reserve Board of anyone who disagrees with him is an abuse of power that threatens the foundation of our democracy, as have so many of his actions already.
No president in U.S. history has pursued their political enemies so recklessly, and this brazen attempt to coerce the Federal Reserve undermines the rule of law and threatens economic stability. It is also another racist dog whistle that undermines the legitimacy of Black women (and all people of color) in positions of power. Once again, the Trump administration is weaponizing the federal government against officials who are not obvious loyalists.
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