Trump Moves to Fire Lisa Cook

Trump is again seeking to oust Fed Governor Lisa Cook after a Supreme Court setback.

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Updated Aug 7, 5:04pm ET

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President Donald Trump renewed his effort to remove Federal Reserve Governor Lisa Cook, with an Aug. 5 White House letter saying he is considering firing her over alleged false statements on mortgage agreements. The letter, signed by deputy chief of staff Dan Scavino, directed Cook to submit a written response and evidence within 21 days. The move follows a June Supreme Court order that allowed Cook to remain in office while contesting Trump's earlier removal attempt. Cook has denied the mortgage-fraud allegations.

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