# Trump revives bid to fire Federal Reserve’s Lisa Cook

2026-08-07T19:51:33+00:00 | World & Diplomacy | Indian Opinion Desk

Corroboration: 1 independent outlet

The Trump administration has sent Federal Reserve governor Lisa Cook a letter giving her until August 26 to respond to mortgage fraud allegations, reviving an effort to fire her. The White House letter, obtained by Associated Press and Axios, accuses Cook of claiming two homes as primary residences in mortgage applications, which the administration says is grounds for removal. The Supreme Court in June blocked an earlier attempt to oust Cook, ruling she had not been given proper notice or a chance to defend herself. This new letter explicitly follows the court's procedural guidance. Cook has denied the allegations, calling them a manufactured pretext to interfere with the Federal Reserve's independence. Her lawyers, Abbe Lowell and Norm Eisen, said the claims are baseless and that they will challenge the latest removal attempt. The case is seen as a test of the Fed's independence from political pressure.

## Coverage

- hindustantimes.com <https://www.hindustantimes.com/world-news/us-news/trump-administration-moves-ahead-with-efforts-to-fire-federal-reserve-governor-lisa-cook-101786128386858.html>
- timesnownews.com <https://www.timesnownews.com/world/us/us-news/lisa-cook-given-21-days-to-respond-as-trump-revives-effort-to-remove-her-from-fed-article-155383061>

Tags: central bank independence, Federal Reserve, Lisa Cook, mortgage fraud allegations, Trump administration, US politics
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