{
  "id": 14333141,
  "title": "Fed Governor Cook's lawyer denounces Trump's latest attempt to remove her",
  "url": "https://urgent.news/2026/10/14/fed-governor-cooks-lawyer-denounces-trumps-latest-attempt-to-remove",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-14T00:05:38.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/world/world/2026/10/1554919/fed-governor-cooks-lawyer-denounces-trumps-latest-attempt-remove-her"
  },
  "original_language": "en",
  "account": "Washington: The lawyer for Federal Reserve Governor Lisa Cook has criticized the impartiality of a White House investigation into accusations of mortgage fraud against her, in response to President Donald Trump's latest effort to remove her from her position. Trump has been attempting to dismiss Cook for over a year, as he seeks to gain more influence over the central bank, which he claims is resisting rate cuts for political motives. Cook denies any wrongdoing and has filed a lawsuit to retain her job. Earlier this month, Trump announced a new inquiry into Cook and the formation of a three-person panel to hold a hearing. If the panel backs the removal, Trump has indicated he will proceed. Cook's legal representatives argue that a fair hearing would demonstrate no legal basis for her dismissal. In Tuesday's letter, Cook's attorney, Abbe Lowell, pointed out that one of the proposed committee members, White House economic policy adviser Kevin Hassett, had previously urged Cook to take leave from her post and suggested Trump had cause to fire her. Lowell wrote that a hearing with biased members, additional allegations, and an unclear schedule for disclosing any further evidence, without any justification for its delay, is not a process that maintains the appearance or historical independence of the institution. Lowell added that Cook would be unable to attend a hearing on November 5, the date announced by the White House, as she will be participating in financial and monetary policy meetings in Europe. The earliest she could attend any hearing would be after the Federal Reserve's policy meeting scheduled for December 8-9. A Supreme Court decision earlier this year barred Trump from arbitrarily dismissing a Fed governor, emphasizing the need for the institution to retain political independence, both in fact and appearance, to carry out its duties. However, the ruling also outlined a route for potential removal if a Fed official was granted a fair opportunity to review the evidence of the allegations and counter them. The White House seems to be pursuing that course. The Federal Reserve increased its policy rate in September and is anticipated to do so once more during its final meeting of the year.",
  "summary": "WASHINGTON: Federal Reserve Governor Lisa Cook’s lawyer has questioned the objectivity of a White House probe into allegations that she committed mortgage fraud, according to a letter seen by Reuters on Tuesday, challenging President Donald Trump’s latest attempt to remove her from her role.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "The New York Times",
        "title": "Lawyer for Fed Governor Cook Denounces Trump’s New Investigation",
        "url": "https://urgent.news/2026/10/13/lawyer-for-fed-governor-cook-denounces-trumps-new-investigation",
        "published": "2026-10-13T21:03:30.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Lawyer for Fed’s Cook denounces Trump’s latest attempt to remove her",
        "url": "https://urgent.news/2026/10/13/lawyer-for-feds-cook-denounces-trumps-latest-attempt-to-remove-her",
        "published": "2026-10-13T21:48:40.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Fed governor Cook’s lawyer denounces Trump’s latest attempt to remove her",
        "url": "https://urgent.news/2026/10/13/fed-governor-cooks-lawyer-denounces-trumps-latest-attempt-to-remove",
        "published": "2026-10-13T22:48:05.000Z"
      },
      {
        "outlet": "Hindustan Times - World News",
        "title": "Fed Reserve Governor Lisa Cook’s lawyer denounces Trump’s latest firing bid after year-long fight",
        "url": "https://urgent.news/2026/10/14/fed-reserve-governor-lisa-cooks-lawyer-denounces-trumps-latest-firing",
        "published": "2026-10-14T01:08:57.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}