https://www.live-feeds.com/feed/lisa-cook-hits-back-at-trump-s-latest-attempt-to-oust-her-as-fed-governorContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/lisa-cook-hits-back-at-trump-s-latest-attempt-to-oust-her-as-fed-governorhttps://www.live-feeds.com/feed/lisa-cook-hits-back-at-trump-s-latest-attempt-to-oust-her-as-fed-governor#u50624Fri, 28 Aug 2026 07:55:27 +0000Federal Reserve Governor Lisa Cook is fighting a second attempt by the Trump administration to remove her from the central bank. In a letter to the White House released Wednesday night, Cook denied allegations of mortgage fraud and stated there is "no legitimate basis for removal." The administration recently sent a letter indicating it is "considering" her removal. Cook has denied any intentional wrongdoing, challenging the legal grounds for the president to fire her from the governing board.Why it mattersThe Federal Reserve typically operates independently from the execut