Trump threatens to fire Lisa Cook from the Fed if she doesn't resign

Former US President Donald Trump sparked controversy by declaring that he would fire Federal Reserve Governor Lisa Cook if she did not resign. The statement, made during a visit to a White House museum in Washington, has raised alarm in financial and political circles.

Lisa Cook is recognized as the first Black woman to serve on the Fed's board , and her appointment marked a historic milestone in American economic policy. However, Trump has questioned her continued tenure based on alleged irregularities related to mortgages in Michigan and Georgia , although Cook has rejected these accusations and asserted that she has no intention of resigning.

Facing media and political pressure, Cook declared: "I have no intention of being bullied into resigning. My commitment to U.S. economic stability and monetary policy remains unwavering."

This stance has sparked debate about the extent of political influence on independent bodies like the Fed.

The governor has emphasized that her work focuses on protecting the U.S. economy , monitoring inflation, and maintaining policies that foster sustainable growth, without giving in to external pressures that compromise the institution's autonomy.

Trump's threat was criticized by economists and lawmakers, who believe that trying to force the resignation of a Fed member could undermine confidence in monetary policy and international perceptions of the U.S. economy.

Experts emphasize that the Fed's independence is a fundamental pillar for maintaining financial stability and the credibility of the dollar. Direct intervention by a former president could generate volatility in bond and stock markets, as well as uncertainty about interest rate decisions.

The appointment of Lisa Cook not only represents a step forward in diversity and inclusion within the Fed, but also an example of how US economic policy is intertwined with social and racial issues. Trump's pressure has been interpreted by some analysts as an attempt to influence key strategic monetary policy decisions, which could set a dangerous precedent.

If the situation escalates and Trump carries out his threat, this could spark a constitutional debate about the limits of presidential power vis-à-vis independent bodies. Meanwhile, Lisa Cook remains steadfast, receiving support from economists and lawmakers who defend the Fed's independence.

The outcome of this conflict will be crucial for US monetary policy and the global perception of the country's financial stability. Attention is focused on how regulatory and legislative bodies will respond to this unprecedented political pressure.