Aug 8
Trump Advances Efforts to Terminate Federal Reserve Governor Lisa Cook
Administration officials are proceeding with steps to remove Federal Reserve Governor Lisa Cook. This action comes despite a Supreme Court ruling that allowed her to remain in office during litigation. Trump notified Cook of the potential removal earlier in August. The administration cites allegations of mortgage fraud as the primary reason for the action. This latest step continues a formal process to remove Cook from her post at the central bank. The administration maintains its effort to terminate her employment based on the fraud claims.
Trump administration moves ahead with efforts to fire Federal Reserve governor Lisa CookTrump notified Federal Reserve Governor Lisa Cook that he is considering her removal from the central bankTrump is initiating a process to remove Federal Reserve Governor Lisa Cook
