Trump revives effort to fire Fed’s Lisa Cook

Federal Reserve Board Governor Lisa Cook participates in a board meeting at the Federal Reserve on March 19, 2026 in Washington, DC.

Kevin Dietsch | Getty Images

President Donald Trump is “considering” firing Federal Reserve Board Governor Lisa Cook, the White House said this week, reviving an effort that had been stymied by the Supreme Court in June.

White House presidential aide Dan Scavino, in a letter to Cook, dated Wednesday, said there is “sufficient reason to believe that you made false statements on one or more mortgage agreements.”

This is breaking news. Please refresh for updates.

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *