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Trump renews bid to fire Fed governor Lisa Cook despite supreme court ruling

Source: The Guardian World - Published: 07 Aug 2026 21:47

White House continues to target Cook despite decision from justices that upheld Federal Reserve’s independenceDonald Trump is attempting once again to oust US Federal Reserve governor Lisa Cook over allegations of mortgage fraud, despite a recent US supreme court decision that upheld the central bank’s independence.Cook reportedly received a letter from the White House this week that provided notice, in accordance to the supreme court’s June ruling, that Trump is “considering removing” her from her Fed position over the same claims of mortgage fraud that he levied against her last summer. Continue reading...