Donald Trump launches new attempt to remove Fed Governor Lisa Cook
US President Donald Trump has launched a second attempt to dismiss Federal Reserve Governor Lisa Cook over mortgage fraud allegations, following a Supreme Court ruling in June.
U.S. President Donald Trump has launched a new attempt to dismiss Federal Reserve Governor Lisa Cook, issuing a letter stating her removal is under consideration. The White House gave Cook three weeks to respond to allegations regarding mortgage fraud and misstatements on real estate loans.
The renewed effort comes after a U.S. Supreme Court ruling in June blocked a previous attempt to immediately fire Cook, citing procedural flaws. Unlike the earlier directive, this letter provides a formal response window before further action is taken.
Sources: Daily Sabah, Der Standard, Die Zeit, La Vanguardia, ORF
How outlets assessed this
- Aug 8, 2026, 03:30 AM UTC
- La Vanguardia Critical La Vanguardia framed the White House action as a political distraction timed to divert attention from weak employment data.
Sources
- ORF — Trotz Urteils: Trump will Fed-Vorständin feuern
- Der Standard — Trump unternimmt neuen Versuch zur Absetzung von US-Notenbankerin Cook
- Daily Sabah — Trump mounts new bid to oust Fed Governor Lisa Cook
- La Vanguardia — Trump insiste en echar a Lisa Cook de la Fed pese a que el Supremo bloqueó el primer intento
- Die Zeit — Lisa Cook: Trump startet zweiten Versuch zur Absetzung von US-Notenbankerin Cook