Fed Governor Tells Trump ‘I Will Not Resign,’ and Israeli Strikes Kill 5 Journalists

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  From The New York Times, it's The Headlines.

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  I'm Tracy Mumford.

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  Today's Tuesday, August 26th.

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  Here's what we're covering.

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  In a dramatic and legally dubious move, President Trump announced that he's firing Lisa Cook,

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  one of the Fed's governors, effective immediately.

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  Trump justified the firing by saying that Cook had engaged in,

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  quote, deceitful and potentially criminal conduct.

• 01:00

  pointing to allegations that she'd falsified records to get a better mortgage rate for herself.

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