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You are at:Home»Business»Trump considering renewing push to fire Lisa Cook from Federal Reserve Board
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Trump considering renewing push to fire Lisa Cook from Federal Reserve Board

Buddy DoyleBy Buddy DoyleAugust 7, 2026No Comments2 Mins Read
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Trump considering renewing push to fire Lisa Cook from Federal Reserve Board
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President Donald Trump is considering renewing his push to fire Federal Reserve Governor Lisa Cook over mortgage fraud allegations amid an ongoing legal debate over the president’s ability to remove members of the independent central bank, FOX Business has learned.

The White House is seeking a response from Cook within the next three weeks about the allegations that the administration leveled against her last year. 

White House Personnel Office Director Dan Scavino indicated in a letter to Cook this week that the president is considering moving forward with firing her, asking for a response to the allegations that prompted the president to announce her termination in August 2025 – which sparked an ongoing legal battle over his ability to remove Cook from her role at the Federal Reserve.

The White House letter told Cook that she was “hereby provided notice that the President is considering removing you from your position” as a member of the Fed’s Board of Governors.

The letter explained that there is “sufficient reason to believe that you made false statements on one or more mortgage agreements,” and requested a written response “with your explanation for your false statements and accompanying evidence within 21 days.”

SUPREME COURT RULES ON TRUMP’S ATTEMPT TO FIRE FED GOVERNOR LISA COOK

This is a developing story. Please check back for updates.

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