"Battle for the Fed: Trump's Latest Crusade Against Lisa Cook Intensifies. Despite a Supreme Court ruling earlier this year that allowed Federal Reserve Governor Lisa Cook to remain in her position while she appeals the Trump administration's attempt to fire her, the White House is pushing forward with its efforts to terminate her tenure. At the center of the dispute are allegations of mortgage fraud, which Cook has vehemently denied. As the Trump administration continues to pursue Cook's ouster, questions are being raised about the motivations behind this move and the potential implications for the Federal Reserve's independence."
The Trump administration is moving ahead with its efforts to fire Federal Reserve governor Lisa Cook, two months after the Supreme Court allowed her to retain her job while she fights the president's effort to terminate her over mortgage fraud allegations that she has denied.