African Methodist Episcopal Church Statement of Support for Federal Reserve Governor Dr. Lisa D. Cook - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Economic News
Newswires RSS Get our newsletter
Order Prints
September 3, 2025 Newswires
Share
Share
Post
Email

African Methodist Episcopal Church Statement of Support for Federal Reserve Governor Dr. Lisa D. Cook

RNS Press Release Distribution ServiceReligion News Service

Dr. Cook is a member of Bethel AME Church in Ann Arbor, Michigan.

We, the Council of Bishops of the African Methodist Episcopal Church, stand with Dr. Lisa DeNell Cook, a member of Bethel AME Church, Ann Arbor, Michigan, in her fight against the attempt by President Trump to remove her from her position as a Federal Reserve Board of Governors without due process.

Dr. Cook is an African American economist who was sworn in as a member of the Federal Reserve Board of Governors in 2022 and the first Black woman to sit on the Board. Before her appointment to the Federal Reserve Board, she was elected in January 2022 to the Board of Directors of the Federal Reserve Bank in Chicago. She was also a research associate at the National Bureau of Economic Research.

On August 20, Trump posted on Truth Social a call for Cook's resignation. Later that day, Cook rejected the demand, saying she would not be pressured to leave her post over "some questions raised in a tweet" and promised "to take any questions about her financial history seriously as a member of the Federal Reserve."

On August 25, Trump announced that he fired Cook, ostensibly for cause. In a response, Cook said, "President Trump purported to fire me 'for cause' when no cause exists under the law, and he has no authority to do so." Cook has stated that she has no plan to resign and has filed a lawsuit in response. Cook's attorney, Abbe Lowell, said that "President Trump has taken to social media to once again fire 'by tweet' and once again his reflex to bully is flawed and his demands lack any proper process, basis or legal authority. We will take whatever actions are needed to prevent his attempted illegal action".

Trump's attempt to fire Cook is the latest in a clear series of attacks on African American women in positions of authority at the federal, state, and local levels. Black women have been disproportionately represented in those fired by this administration, and we take notice of what "Make America Great Again" clearly means.

Governor Cook deserves due process. We call upon members of the AME Church and our ecumenical partners to join us in prayer for her and her family so that they will have the resolve needed in this fight for justice. We continue our appeal to our members and friends to be watchful and continue their advocacy for adherence to the rule of law and the defense of the norms of democracy in the United States.

For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places. Ephesians 6:12 (King James Version)

Bishop Silvester S. Beaman, President, Council of Bishops of the AME Church

Bishop Wilfred J. Messiah, Senior Bishop

Bishop Frederick Alan Wright, Presiding Prelate, 4th Episcopal District of the AME Church (States of Illinois, Indiana and Michigan; countries of Canada and India)

###

Contact:

John Thomas III

African Methodist Episcopal Church

[email protected]

Disclaimer: The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of RNS or Religion News Foundation.

Older

Study Data from Chung-Ang University Update Knowledge of Cancer (Real-World Utilization Patterns of Immune Checkpoint Inhibitors Based on the National Health Insurance Service Data in Korea): Cancer

Newer

ITOCHU Corporation Invests in MOTER Technologies to Accelerate Next-Generation Insurance Solutions

Advisor News

  • CT governor’s candidates claims: What’s true, and what’s misleading
  • Retaining clients by giving them a memorable experience
  • Addressing the longevity paradox
  • Employers shift focus from retirement access to financial outcomes
  • Helping widowed clients navigate their new financial reality
More Advisor News

Annuity News

  • Farm Bureau P&C insurers post first underwriting gain since 2021
  • Legacy Marketing, Malibu Life launch two fixed indexed annuities
  • Changing client priorities are reshaping annuity conversations
  • Solen Software acquires annuity software provider Cooperative Technologies
  • MassMutual Expands Lending Options With New Secured Credit Line
More Annuity News

Health/Employee Benefits News

  • Building trust in a more complex Medicare Advantage market
  • Access Health CT opens health plan enrollment for 2027
  • Cost of employer-sponsored health insurance plans rises again, nonpartisan survey finds
  • Centene sues feds over low ratings for senior health plans
  • Terry Savage: Small business owners, now is the time to offer health insurance coverage
More Health/Employee Benefits News

Life Insurance News

  • Life insurers race to win retirement customers as distribution shifts
  • Life insurer ordered to stop selling new policies in Virginia
  • AM Best to Present and Participate at 2026 Shanghai International Reinsurance Conference
  • Agents often missing from the loop on life, LTC insurance rate increases
  • Meiji Yasuda Life Insurance Company Trademark Application for “PEACE OF MIND, FOREVER” Filed: Meiji Yasuda Life Insurance Company
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Benefits Studio Launches to Fill the Missing Middle of Benefits Navigation at $49/mo
  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.