Trump Renews Bid to Fire Fed Governor Lisa Cook Despite Supreme Court Ruling The White House has sent a letter accusing Federal Reserve Governor Lisa Cook of mortgage fraud, escalating Donald Trump's campaign to undermine the independence of the central bank.
The move comes despite a recent Supreme Court ruling that upheld the Fed's autonomy. Cook was first targeted by Trump last summer, when he attempted to remove her from office on similar allegations.
At the time, the White House claimed she "fell short of the standard" required of a sitting Fed governor.