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Trump revives effort to fire Fed's Lisa Cook

CNBC Friday 07 August 2026, 17:52 UTC 1 min read
Key Points

Federal Reserve Board Governor Lisa Cook participates in a board meeting at the Federal Reserve on March 19, 2026 in Washington, DC. Kevin Dietsch | Getty Images President Donald Trump is "considering" firing Federal Reserve Board Governor Lisa Cook, the White House said this week, reviving an effort that had been stymied by the Supreme Court in June. White House presidential aide Dan Scavino, in a letter to Cook, dated Wednesday, said there is "sufficient reason to believe that you made...

Federal Reserve Board Governor Lisa Cook participates in a board meeting at the Federal Reserve on March 19, 2026 in Washington, DC. Kevin Dietsch | Getty Images President Donald Trump is "considering" firing Federal Reserve Board Governor Lisa Cook, the White House said this week, reviving an effort that had been stymied by the Supreme Court in June. White House presidential aide Dan Scavino, in a letter to Cook, dated Wednesday, said there is "sufficient reason to believe that you made false statements on one or more mortgage agreements." This is breaking news. Please refresh for updates.
Trump (ORG) Fed (ORG) Lisa Cook Federal Reserve Board (ORG) Lisa Cook (PERSON) the Federal Reserve (ORG) Washington, DC (LOCATION) Kevin Dietsch (PERSON) Getty Images (ORG) Donald Trump (PERSON) Federal Reserve Board (ORG) the White House (ORG) the Supreme Court (ORG) White House (ORG) Dan Scavino (PERSON) Cook (PERSON)
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