Trump Rekindles Bid to Oust Fed Governor Lisa Cook Despite Court Block

1 min read
Source: The Detroit News
TL;DR Summary

Trump is renewing his bid to remove Federal Reserve Governor Lisa Cook after the Supreme Court blocked his earlier attempt; a White House letter accuses her of crimes and negligence and demands a response within three weeks, but Cook’s attorney says the allegations are baseless and will be challenged. The Supreme Court’s June ruling preserved Fed independence and left the factual dispute unresolved, with Cook set to contest any removal.

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