ABC News reported sources say President Trump is pushing to remove Federal
Reserve Governor Lisa Cook. The White House this week sent Cook a letter saying
Trump is "considering" removing her and asked her to respond within three weeks.
The move follows a June Supreme Court ruling that upheld limits on presidential
removal of Fed members. After the ruling Trump said he would "immediately take
appropriate action" to remove Cook; this week he formally opened removal
proceedings, citing mortgage‑fraud allegations not yet tried in court and
alleging "serious dereliction." The letter was signed by White House deputy
chief of staff Dan Scavino, who said even if the allegations do not amount to
crimes her conduct constitutes dereliction. Cook's lawyer Lowell said the
allegations are baseless and they will challenge this latest pretext.
