On August 25, 2025, President Donald Trump removed Federal Reserve Governor Lisa Cook, raising concerns about the stability of the dollar and trust in US financial institutions.
Reasons for Lisa Cook's Dismissal
Donald Trump cited fraud allegations relating to Cook's declaration of two primary residences in Michigan and Georgia. This event is unprecedented in modern history.
Consequences for Financial Markets
Cook's dismissal has sparked uncertainty regarding US monetary policy and financial markets. Analysts are closely monitoring dollar stability and institutional impacts as markets have already exhibited increased volatility.
Cryptocurrency Market Reaction
The absence of direct statements from major figures in the crypto industry leaves room for speculation. Cryptocurrency markets may react to institutional instability, as historically BTC and ETH respond with increased volatility.
Lisa Cook's dismissal raises significant questions about dollar stability and trust in financial institutions, which may trigger changes in financial and cryptocurrency markets.
