President Donald Trump said late on Monday that he has fired Federal Reserve Governor Lisa Cook, citing allegations of mortgage fraud that haven’t been taken to court. There’s still a lot we don’t know about the situation.

Trump fires Fed Governor Lisa Cook, citing 'sufficient cause' over mortgage fraud claims. Cook denies wrongdoing and vows to fight the dismissal in court.

Cook rejects Trump’s allegations that she may have falsified records for her mortgage and vowed to push back against the president’s ‘attempted illegal action’