Fed Governor Lisa Cook defends seat as Trump renews ouster bid

1 min read
Source: CNBC
Fed Governor Lisa Cook defends seat as Trump renews ouster bid
Photo: CNBC
TL;DR Summary

Federal Reserve Governor Lisa Cook defended her role against President Trump’s renewed attempt to remove her, with her lawyer calling mortgage-fraud allegations unfounded; Trump’s push followed a referral alleging she listed two properties as primary residences, though the Supreme Court previously blocked a firing and allowed another challenge. The defense argues the cited acts do not show crime or cause for dismissal and notes Trump’s selective targeting of Cook.

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