CNBC·3 min read·medium

Trump revives effort to fire Fed's Lisa Cook

K
Kevin Breuninger, Megan Cassella
Trump revives effort to fire Fed's Lisa Cook
AI Summary

President Donald Trump has renewed his efforts to remove Federal Reserve Governor Lisa Cook, citing alleged mortgage fraud. The White House has issued a formal request for an explanation, following a Supreme Court ruling that required additional due process for such a removal.

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.

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