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The Guardian - US
The Guardian - US
Business
Gaya Gupta

Trump renews bid to fire Fed governor Lisa Cook despite supreme court ruling

Lisa Cook US Federal Reserve Donald Trump White House United States Jerome Powell Kevin Warsh
a woman speaks into a microphone
The Fed governor Lisa Cook speaks at the Brookings Institution in Washington DC on 3 November 2025. Photograph: Kevin Lamarque/Reuters

Donald Trump is attempting once again to oust the US Federal Reserve governor Lisa Cook over allegations of mortgage fraud, despite a recent US supreme court decision that upheld the central bank’s independence.

Cook reportedly received a letter from the White House this week that provided notice, in accordance to the supreme court’s June ruling, that Trump was “considering removing” her from her Fed position over the same claims of mortgage fraud that he levied against her last summer.

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