COINOTAG News reported on September 10 that the White House announced President Trump has “legally” dismissed Federal Reserve Board member Lisa Cook. The statement was framed by the administration, but the matter is reported as not final; official confirmation requires completion of applicable administrative and legal procedures governing Federal Reserve appointments and removals.
Market observers should note that any change to the Fed board composition remains contingent on procedural review rather than immediate effect. From a governance perspective, implications for monetary policy deliberations and institutional continuity will depend on formal determinations by relevant authorities and documented statutory processes.