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Trump Renews Push to Remove Fed Governor Lisa Cook

other · 2026-08-07

President Donald Trump is again attempting to remove Federal Reserve Board Governor Lisa Cook, reviving mortgage fraud allegations that courts have previously rejected as grounds for dismissal. A White House letter delivered to Cook this week states that Trump is 'considering' her removal and gives her three weeks to respond to the allegations. The move follows a Supreme Court rebuff of an earlier attempt to oust her. Cook, a Democrat and the first Black woman to serve on the Federal Reserve Board, has been a target of Trump's criticism over monetary policy. The White House letter, reported by ABC News, does not specify a date for her removal but signals a renewed effort to challenge her position.

Key facts

  • Trump is moving forward with a new effort to remove Fed Governor Lisa Cook.
  • The effort revives mortgage fraud allegations previously rejected by courts.
  • A White House letter delivered this week indicates Trump is 'considering' her removal.
  • Cook has three weeks to answer the allegations.
  • The Supreme Court rebuffed an earlier attempt to remove Cook.
  • Cook is the first Black woman to serve on the Federal Reserve Board.
  • The White House letter was reported by ABC News.

Entities

Institutions

  • Federal Reserve Board
  • White House
  • Supreme Court
  • ABC News

Sources