US President Donald Trump's attempt to sack Federal Reserve governor Lisa Cook has caused shockwaves. Replacing Cook with a loyalist could make the Fed's seven-member board more likely to vote to Trump's liking. In a letter to Cook, Trump claimed he had reason to remove her because she had claimed two properties as her primary residence in two separate mortgage documents in 2021. Several legal and economic experts say Trump's move on the Fed is unprecedented. Trump's economic philosophy: A real plan or simply chaos?