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

The Guardian World Friday 07 August 2026, 18:47 UTC By Gaya Gupta 1 min read
Key Points

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...

White House continues to target Cook despite decision from justices that upheld Federal Reserve’s independence

Donald 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.

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Trump (ORG) Fed (ORG) Lisa Cook (PERSON) supreme court (ORG) White House (ORG) Cook (PERSON) Federal Reserve’s (ORG) US Federal Reserve (ORG) US (LOCATION) the White House (ORG) the supreme court (ORG)
Originally published by The Guardian World Read original →

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