Trump administration renews push to remove Fed Governor Lisa Cook amid legal dispute
The Trump administration has renewed its effort to remove Federal Reserve Governor Lisa Cook, after her legal team said there is no legal basis for President Donald Trump to fire her. The dispute centres on allegations of mortgage fraud, which Cook's lawyers say are unsupported and are being used to pressure the central bank. The row has intensified concerns about political interference in the Federal Reserve, which is meant to operate independently of the White House.Cook's lawyers, Abbe David Lowell and Norman Eisen, issued a rebuttal letter on Wednesday rejecting the administration's claims. They said this was the second time... [Continue Reading]
360LiveNews | 27 Aug 2026 04:00 LONDON
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