Trump renews bid to remove Fed Governor Lisa Cook
Translated from English, summarized and contextualized by DistantNews.
At a glance
- President Trump is attempting to remove Federal Reserve Governor Lisa Cook from her position, despite a previous Supreme Court setback.
- A White House letter informed Cook that Trump is considering her removal and demanded a response to unproven mortgage fraud allegations.
- Cook's attorney stated there is no valid cause for her removal and vowed to challenge the action, asserting the integrity of the Fed's historic role.
President Donald Trump is making a renewed effort to remove Federal Reserve Governor Lisa Cook, marking a new phase in the legal battle over her position. This comes after the Supreme Court previously blocked his attempt to oust her in June.
A letter sent to Cook this week by Deputy Chief of Staff Dan Scavino informed her that the president is "considering" her removal. The letter also demanded that Cook respond within three weeks to allegations of mortgage fraud, which her attorney has described as "baseless."
there is no valid cause
This action against Cook is the second time this week Trump has revived an effort that the Supreme Court had previously halted. Earlier this week, he issued another order attempting to restrict birthright citizenship, following a Supreme Court ruling against his prior effort.
Cook's lawyer, Abbe D. Lowell, stated in a written response that "there is no valid cause" to remove Cook. "As we did before, we will challenge this latest pretext and preserve her position and the historic role of the Fed," Lowell said. The White House and the Federal Reserve did not immediately respond to requests for comment. Trump's previous attempt to fire Cook, the first Black woman to serve as a Fed governor, cited mortgage fraud allegations. Cook had denied these, calling them a pretext for removing her due to disagreements over monetary policy. The U.S. Supreme Court's June ruling protected Fed officials from at-will presidential firing, though it did not rule on the validity of the factual dispute, leaving that to lower courts.
As we did before, we will challenge this latest pretext and preserve her position and the historic role of the Fed.
Originally published by Daily Sabah in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.