TD Cowen: 25% Chance Trump Removes Fed's Cook

By EC Assets · Published 10 August 2026

TD Cowen estimates a 25% probability that former President Donald Trump will succeed in removing Federal Reserve Governor Lisa Cook. This assessment comes amid broader discussions regarding potential shifts in economic policy. Trump has also commented on other economic areas, including the profits of oil supermajors and the cost of living for retailers. The possibility of Cook's removal is a specific forecast by TD Cowen. Trump has also signaled a shift to economic pressure as Iran has hardened its stance over the Strait of Hormuz. Additionally, Trump has questioned oil supermajors about their profits. Trump has exerted pressure on retailers concerning the cost of living. His comments on various economic matters suggest a focus on financial and economic policy. This article is intended for informational purposes only. It does not constitute investment advice.