Fortune·4 min read·hard

Trump tries again to fire Fed governor Lisa Cook, renewing battle over central bank independence

E
Eric Tucker, Paul Wiseman, The Associated Press
Trump tries again to fire Fed governor Lisa Cook, renewing battle over central bank independence
AI Summary

The Trump administration is renewing efforts to fire Federal Reserve governor Lisa Cook following a Supreme Court ruling that allowed her to remain in her post during her lawsuit. The administration cites mortgage fraud allegations, which Cook denies as a politically motivated pretext.

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.

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