Trump moves to fire Fed Gov. Lisa Cook over mortgage fraud
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- Trump administration sent Federal Reserve Gov. Lisa Cook a letter stating President Trump is considering her removal and giving her 21 days to respond to mortgage fraud allegations (letter obtained by Axios).
- The push revives an earlier effort after the Supreme Court this year blocked the prior removal attempt — the source text is truncated at that point.
Why it matters: The 21-day response window opens a legal fight over a sitting Fed governor's status, and the renewal follows this year's Supreme Court block — meaning the administration is back for round two rather than treating that ruling as final.
