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White House revives unprecedented effort to remove Fed governor Lisa Cook

The White House has sent a letter to Federal Reserve Governor Lisa Cook detailing mortgage fraud allegations and giving her 21 days to respond before President Trump considers her removal. This move revives the administration's previous attempt to remove Cook, which the Supreme Court had blocked due to lack of notice and opportunity to respond.

Impact Score

3/10

Friday, August 7, 2026 at 02:40 PM EDT

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