Fox Business reporter admits Trump's effort to oust Federal Reserve governor is about political control
Fox has repeatedly supported attempts to politicize Fed policymaking
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From the August 29, 2025, edition of Fox News' America's Newsroom
LYDIA HU (FOX BUSINESS CORRESPONDENT): Let's take a look at the broader context here and the makeup of the Federal Reserve Board of Governors. Currently, the seven-member board made up of four Democrat appointees, including Cook. You can see them here on the left. Two Trump appointees, including a vacant seat that Trump will get to fill, seen on the right. So, that means a successful removal of [Federal Reserve governor Lisa Cook] would give President Trump another opportunity to make an appointment to the Fed Reserve and shift that balance; four Trump appointees to three. So, wrapped up in this case, important legal issues as well as the balance and makeup of the Federal Reserve.