Trump's bid to remove Lisa Cook faces fresh hurdle after Democrats' Senate win
India, Nov. 5 -- Democrats winning control of the US Senate has created a fresh hurdle for President Donald Trump's efforts to remove Federal Reserve Governor Lisa Cook. The election result could make it difficult for Trump to appoint someone of his choice to replace Cook, even if he succeeds in removing her.
The Senate's new Democratic majority gives the party the power to approve or reject Trump's nominees for judges and heads of executive branch agencies. This includes appointments to the Federal Reserve Board of Governors, according to Jonathan Pingle, an economist at UBS, as noted by Yahoo Finance.
This could directly affect Trump's ongoing attempt to remove Lisa Cook from the Federal Reserve. Trump fired Cook in August 2025, accus...
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