Trump Resumes Push to Oust Fed Governor Lisa Cook

1 min read
Source: CNBC
Trump Resumes Push to Oust Fed Governor Lisa Cook
Photo: CNBC
TL;DR

President Trump is reviving a bid to fire Federal Reserve Governor Lisa Cook over mortgage-related allegations that Cook has denied; a previous firing attempt was blocked in court, and a June Supreme Court ruling allowed the matter to proceed with due process protections. The White House sent a letter demanding Cook explain alleged false statements within three weeks, while Cook's attorney called the accusations baseless and the Fed declined to comment.

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