https://www.live-feeds.com/feed/fed-governor-lisa-cook-no-legitimate-basis-for-removal-on-trump-mortgage-claimsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/fed-governor-lisa-cook-no-legitimate-basis-for-removal-on-trump-mortgage-claimshttps://www.live-feeds.com/feed/fed-governor-lisa-cook-no-legitimate-basis-for-removal-on-trump-mortgage-claims#u50532Fri, 28 Aug 2026 06:45:17 +0000Federal Reserve Governor Lisa Cook has rejected attempts by Donald Trump to remove her from office, stating there is "no legitimate basis for removal." Cook denies committing mortgage fraud, a claim Trump has used to justify his bid to oust her. Cook and her legal counsel have issued defenses against these renewed threats, while Trump seeks ways to influence the Federal Reserve's policy team. The dispute centers on whether the president can legally fire a Fed governor based on these specific allegations.Why it mattersThe Federal Reserve typically operates independently from the