Trump Renews Push to Fire Fed Governor Lisa Cook Despite Supreme Court Block
President Donald Trump has revived efforts to fire Federal Reserve Board Governor Lisa Cook, sending a letter alleging false mortgage statements. The Supreme Court blocked a prior attempt in June 2026, but the White House argues new due process steps allow another try. Cook, a Biden appointee, denies the allegations. The move escalates political pressure on the Fed’s independence and could reshape monetary policy if Trump succeeds in stacking the board with allies.
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Trump Revives Effort to Remove Fed Governor Lisa Cook Despite Supreme Court Ruling
President Donald Trump has renewed his campaign to remove Federal Reserve Governor Lisa Cook, sending a letter via White House deputy Chief of Staff Dan Scavino demanding she respond within 21 days to allegations of mortgage fraud. This move comes despite a Supreme Court ruling in June that temporarily blocked Trump from firing Cook, citing insufficient statutory protections. Cook, the first Black woman on the Federal Reserve board, was initially fired by Trump in August 2025 over claims she had two primary residences, which she denied and challenged in court. The Supreme Court sent the case back to a lower court without clarifying removal criteria. Cook's lawyers maintain the allegations are baseless. The article also notes that Trump's own mortgage agreements reportedly match the same criteria his Department of Justice has used against his political enemies.
Trump Revives Effort to Remove Fed Governor Lisa Cook Despite Supreme Court Ruling
President Donald Trump has revived his campaign to remove Federal Reserve Governor Lisa Cook, sending a letter via White House deputy Chief of Staff Dan Scavino demanding she respond within 21 days to allegations of mortgage fraud. This comes after the Supreme Court ruled in June that Trump could not fire Cook, finding she was entitled to statutory protections, temporarily preserving the Federal Reserve's independence. Cook, the first Black woman on the Fed board, was initially fired by Trump in August 2025 over claims she had two primary residences, which she denied and sued over. The Supreme Court declined to weigh in on the allegations or set clear criteria for removal. Cook's lawyers reiterated the allegations are baseless. The article also notes Trump's own mortgage agreements appear to match the same criteria his Department of Justice has used against his enemies.
Trump Resumes Push to Fire Fed Governor Lisa Cook to Stack Board with Allies
President Donald Trump has renewed his attempt to remove Federal Reserve governor Lisa Cook, just two months after the Supreme Court blocked a prior effort. The move is part of a broader strategy to fill the central bank's board with political allies, potentially influencing monetary policy. Cook, a Biden appointee, has been a target of Trump's criticism. The article highlights ongoing political pressure on the traditionally independent Federal Reserve.
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Trump Renews Push to Fire Fed Governor Lisa Cook
President Donald Trump has renewed his effort to remove Federal Reserve Governor Lisa Cook from her position, according to multiple news reports. This move continues the administration's attacks on the central bank's independence. The attempt comes after a reported setback at the Supreme Court regarding similar actions. Cook, a Democratic appointee, has been a target of Trump's criticism over the Fed's monetary policy decisions. The White House is reportedly moving forward with the removal process despite legal and procedural challenges. This development marks an escalation in the ongoing tension between the executive branch and the Federal Reserve, raising concerns about political interference in monetary policy.
Trump revives effort to fire Federal Reserve Governor Lisa Cook over mortgage allegations
President Donald Trump is again attempting to fire Federal Reserve Board Governor Lisa Cook, reviving an effort previously blocked by the Supreme Court in June. White House aide Dan Scavino sent Cook a letter alleging she made false statements on mortgage agreements, citing the Supreme Court's opinion that allowed a new attempt with due process protections. Cook's attorney, Abbe Lowell, dismissed the allegations as baseless and vowed to challenge the move. The initial firing attempt last year was tied to Trump's pressure on the Fed to cut interest rates. The allegations were surfaced by Federal Housing Finance Agency Director Bill Pulte, a Trump ally. The Federal Reserve declined to comment.
Trump Revives Effort to Fire Federal Reserve Governor Lisa Cook
President Donald Trump is again attempting to fire Federal Reserve Board Governor Lisa Cook, reviving an effort previously blocked by the Supreme Court. White House aide Dan Scavino sent Cook a letter alleging she made false statements on mortgage agreements, citing the Supreme Court's opinion as justification for the new attempt. Trump first tried to fire Cook last year on similar mortgage fraud allegations, which she denied, leading to a lawsuit that a federal court blocked. The Supreme Court upheld that block in a 5-4 ruling in late June, but Chief Justice John Roberts noted the decision did not prevent Trump from trying again with additional due process steps. Cook's attorney, Abbe Lowell, stated the allegations are baseless and vowed to challenge the latest effort. The move is seen as part of Trump's broader pressure on the Fed to cut interest rates.
Trump Revives Effort to Fire Federal Reserve Governor Lisa Cook
President Donald Trump is reportedly considering firing Federal Reserve Board Governor Lisa Cook, according to the White House. This move revives an earlier attempt that was blocked by the Supreme Court in June 2026. The news, reported by CNBC on August 7, 2026, indicates ongoing tensions between the Trump administration and the independent central bank. Cook, a Fed governor since 2022, has been a target of Trump's criticism over monetary policy decisions. The Supreme Court's previous intervention had temporarily halted the firing, but the White House now signals a renewed push. The outcome could have significant implications for Fed independence and US economic policy.