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Loretta Mester: Trump taking aim at the Fed, ‘hurts the American people’

Thought Leader: Loretta Mester
August 26, 2025

Federal Reserve Governor Lisa Cook says she will not step down after President Trump said he fired her due to alleged mortgage fraud. Cook says the president has no authority to fire her from her Federal Reserve position.

Loretta Mester, the former president of the Cleveland Fed, joins Market Domination to discuss the evolving story and the implications of Trump taking aim at a Fed governor while he pressures the central bank to lower interest rates.

Loretta Mester, former President of the Cleveland Fed, delivers clear, grounded insight into today’s economic challenges—from inflation and tariffs to recession risk and rate cuts. With deep experience inside the Federal Reserve, Mester explains the tough tradeoffs shaping monetary policy and what they mean for businesses, investors, and the public. Book Loretta Mester through WWSG for essential guidance on navigating economic uncertainty. Contact us today!

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