White House pushes new bid to fire Fed Governor Cook
The White House moved forward on August 7 with a new attempt to dismiss Federal Reserve Board Governor Lisa Cook, despite a Supreme Court ruling that lets her remain in office while her lawsuit proceeds. The administration cited a 2022 mortgage-fraud allegation against Cook, which she has denied, and said it would provide the notice required by the court. On August 5, the White House announced the effort, referencing the same allegation, and the Supreme Court had earlier indicated that the president could act if proper notice was given, while also barring an immediate firing pending the pending litigation.