Lisa Cook’s Journey From Fed Governor to Target of Trump’s Ire

President Donald Trump late Monday said he would fire Federal Reserve Governor Lisa Cook for alleged mortgage fraud.

The announcement, in a letter to Cook that Trump posted on Truth Social, followed a campaign of threats against her from the administration and its allies and comes as the president seeks to ramp up his pressure on the US central bank to cut interest rates.

Here’s some background on Cook:

Board Tenure

Cook serves on the seven-member board of governors, which together with five of the 12 reserve bank presidents makes up the interest-rate-setting Federal Open Market Committee. She became the ...