{
  "id": 3620953,
  "title": "Fed governor Lisa Cook slams Trump’s renewed threat to fire her",
  "url": "https://urgent.news/2026/08/26/fed-governor-lisa-cook-slams-trumps-renewed-threat-to-fire-her-3620953",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-26T23:53:01.000Z",
  "source": {
    "name": "Associated Press",
    "slug": "associated-press",
    "url": "https://apnews.com/article/cook-trump-federal-reserve-84ce7b0d49e4400d5130a50c83e8cead"
  },
  "original_language": "en",
  "account": "Federal Reserve Board member Lisa Cook has dismissed President Trump's renewed threat to remove her from her position, stating there is no legal basis for such an action. The White House had initially accused Cook of mortgage fraud, a claim she denies, though it has not been proven in court. In a letter, Cook's legal team argued that an unintentional error in referring to one of her homes as a \"vacation home\" does not equate to fraud. They also noted that similar mistakes have been made by members of Trump's own cabinet. The Supreme Court had previously ruled that Cook could remain in her position while the case was ongoing, and they also stated that Trump could attempt to remove her again if he provided proper notice and allowed her to contest the decision.",
  "summary": "WASHINGTON (AP) — Federal Reserve governor Lisa Cook said the Trump administration has no legal basis to remove her from the central bank’s governing board in a letter late Wednesday responding to renewed…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 9,
    "also_reported_by": [
      {
        "outlet": "Yahoo Finance",
        "title": "As Cook case smolders, Trump has other paths to shape Fed policy team",
        "url": "https://urgent.news/2026/08/26/as-cook-case-smolders-trump-has-other-paths-to-shape-fed-policy-team",
        "published": "2026-08-26T10:09:43.000Z"
      },
      {
        "outlet": "Winnipeg Free Press",
        "title": "Fed governor Lisa Cook slams Trump’s renewed threat to fire her",
        "url": "https://urgent.news/2026/08/26/fed-governor-lisa-cook-slams-trumps-renewed-threat-to-fire-her",
        "published": "2026-08-26T23:24:24.000Z"
      },
      {
        "outlet": "Financial Times",
        "title": "Lisa Cook says Trump has no grounds to fire her over ‘inadvertent’ mortgage paperwork",
        "url": "https://urgent.news/2026/08/26/lisa-cook-says-trump-has-no-grounds-to-fire-her-over-inadvertent",
        "published": "2026-08-26T23:26:14.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Lawyer for Fed’s Cook, targeted by Trump, says there is no grounds for dismissal",
        "url": "https://urgent.news/2026/08/26/lawyer-for-feds-cook-targeted-by-trump-says-there-is-no-grounds-for",
        "published": "2026-08-26T23:36:35.000Z"
      },
      {
        "outlet": "Axios",
        "title": "Fed governor Lisa Cook: \"No legitimate basis for removal\" on Trump mortgage claims",
        "url": "https://urgent.news/2026/08/26/fed-governor-lisa-cook-no-legitimate-basis-for-removal-on-trump",
        "published": "2026-08-26T23:37:18.000Z"
      },
      {
        "outlet": "MarketWatch",
        "title": "Fed’s Lisa Cook denies committing mortgage fraud, says Trump has no grounds to remove her from office",
        "url": "https://urgent.news/2026/08/27/feds-lisa-cook-denies-committing-mortgage-fraud-says-trump-has-no",
        "published": "2026-08-27T00:14:00.000Z"
      },
      {
        "outlet": "CNBC",
        "title": "Fed Gov Lisa Cook’s lawyer fires back at Trump's renewed threat to oust her",
        "url": "https://urgent.news/2026/08/27/fed-gov-lisa-cooks-lawyer-fires-back-at-trumps-renewed-threat-to-oust",
        "published": "2026-08-27T00:15:35.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "US Fed’s Cook denies wrongdoing as Trump renews bid to fire her",
        "url": "https://urgent.news/2026/08/27/us-feds-cook-denies-wrongdoing-as-trump-renews-bid-to-fire-her",
        "published": "2026-08-27T00:45:17.000Z"
      }
    ]
  },
  "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."
}