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

  • Wellmark still worries over lowered projections of Iowa tax hike
  • Could tech be the key to closing the retirement saving gap?
  • Different generations are hopeful about their future, despite varied goals
  • Geopolitical instability and risk raise fears of Black Swan scenarios
  • Structured Note Investors Recover $1.28M FINRA Award Against Fidelity
More Advisor News

Annuity News

  • How to elevate annuity discussions during tax season
  • Life Insurance and Annuity Providers Score High Marks from Financial Pros, but Lag on User Friendliness, JD Power Finds
  • An Application for the Trademark “TACTICAL WEIGHTING” Has Been Filed by Great-West Life & Annuity Insurance Company: Great-West Life & Annuity Insurance Company
  • Annexus and Americo Announce Strategic Partnership with Launch of Americo Benchmark Flex Fixed Indexed Annuity Suite
  • Rethinking whether annuities are too late for older retirees
More Annuity News

Health/Employee Benefits News

  • Families defend disability services amid health cuts
  • RANDALL LEADS 43 DEMOCRATS IN DEMANDING ANSWERS FROM OPM OVER DECISION TO ELIMINATE COVERAGE FOR MEDICALLY NECESSARY TRANS HEALTH CARE
  • Trump's Medicaid work mandate could kick thousands of homeless Californians off coverageTrump's Medicaid work mandate could kick thousands of homeless Californians off coverage
  • Senator Alvord pushes back on constant cost increases of health insurance with full bipartisan support
  • Reports Outline End Stage Kidney Disease Study Findings from University of Utah (Medicare Advantage in the US mainland and Puerto Rico): Kidney Diseases and Conditions – End Stage Kidney Disease
More Health/Employee Benefits News

Life Insurance News

  • Gulf Guaranty Life Insurance Company Trademark Application for “OPTIBEN” Filed: Gulf Guaranty Life Insurance Company
  • Marv Feldman, life insurance icon and 2011 JNR Award winner, passes away at 80
  • Continental General Partners with Reframe Financial to Bring the Next Evolution of Reframe LifeStage to Market
  • ASK THE LAWYER: Your beneficiary designations are probably wrong
  • AM Best Affirms Credit Ratings of Cincinnati Financial Corporation and Subsidiaries
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

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

FEATURED OFFERS

Elevate Your Practice with Pacific Life
Taking your business to the next level is easier when you have experienced support.

Your Cap. Your Term. Locked.
Oceanview CapLock™. One locked cap. No annual re-declarations. Clear expectations from day one.

Ready to make your client presentations more engaging?
EnsightTM marketing stories, available with select Allianz Life Insurance Company of North America FIAs.

Press Releases

  • RFP #T25521
  • ICMG Announces 2026 Don Kampe Lifetime Achievement Award Recipient
  • RFP #T22521
  • Hexure Launches First Fully Digital NIGO Resubmission Workflow to Accelerate Time to Issue
  • RFP #T25221
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.
Insurance News | InsuranceNewsNet