Trump renews effort to fire Fed Gov. Lisa Cook, continuing attacks on central bank
The White House told Cook in a letter this week that the president was "considering" removing her from her role.
U.S. President Donald Trump is once again attempting to remove Federal Reserve Governor Lisa Cook, despite the U.S. Supreme Court blocking his previous attempts in June, according to a letter obtained by reporters. The White House has informed Cook that the president is "considering" her removal and has given her three weeks to respond to allegations of mortgage fraud, which her legal representative claims are "baseless."
This is the second time this week that Trump has restarted his efforts to take action against Cook, following his previous attempt to limit birthright citizenship that was also blocked by the Supreme Court.
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