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White House revives unprecedented effort to remove Fed governor Lisa Cook

The Trump administration has launched a new effort to remove Federal Reserve Gov. Lisa Cook , notifying her that President Trump is considering her removal and giving her 21 days to respond to mortgage fraud allegations in a letter obtained by Axios. Why it matters: The Supreme Court this year blocked Trump's first attempt to remove Cook, finding that the Fed official was not given notice or a chance to respond. The new letter seeks to satisfy those requirements in what remains an unprecedented…

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AxiosCenter·2h ago
White House revives unprecedented effort to remove Fed governor Lisa Cook
The Trump administration has launched a new effort to remove Federal Reserve Gov. Lisa Cook , notifying her that President Trump is considering her removal and giving her 21 days to respond to mortgage fraud allegations in a letter obtained by Axios. Why it matters: The Supreme Court this year blocked Trump's first attempt to remove Cook, finding that the Fed official was not given notice or a chance to respond. The new letter seeks to satisfy those requirements in what remains an unprecedented…
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White House revives unprecedented effort to remove Fed governor Lisa Cook

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