[Federal Reserve Governor Cook Votes Against Interest Rate Decision for the First Time] Golden Finance reports that on October 29th, Federal Reserve Governors Tim Cook and Hamak voted against the Federal Reserve's decision to maintain interest rates unchanged, favoring a 25-basis-point increase in the target range for the federal funds rate. This is the first time Cook has cast such a dissenting vote since becoming a Fed governor. This move comes as the White House prepares to hold hearings soon to discuss whether to remove her from office due to allegations of mortgage fraud. This is the latest step in a series of actions by President Trump to oust Cook from the Fed. Trump frequently posts on social media that the Biden-appointed Fed governors are politically motivated and obstructing his desired interest rate cuts.