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PoliticsTrump Again Moves to Fire Cook, Reviving Fed Independence Fight

President Donald Trump has renewed his threat to remove Federal Reserve Governor Lisa Cook. The move is tied to unproven allegations of mortgage fraud against Cook. A letter seen by Bloomberg indicates that the effort could reignite a legal battle over the central bank’s independence. The dispute places Trump’s authority to dismiss a Fed governor at the center of the renewed confrontation.

Donald TrumpLisa CookFederal Reservecentral bank independence

People in this report Donald Trump · Lisa Cook

BBloomberg News★★★★☆2026-08-07 22:00Original

Trump Again Moves to Fire Cook, Reviving Fed Independence Fight
Trump Again Moves to Fire Cook, Reviving Fed Independence FightPolitics