Trump Administration Revives Bid to Oust Fed Governor Over Mortgage Fraud Allegations

The Trump administration has resumed its efforts to fire Federal Reserve governor Lisa Cook, despite her retaining her position after a Supreme Court ruling two months ago.

Cook had been under scrutiny for alleged mortgage fraud, which she denies. The move to remove her comes as the administration continues to exert pressure on the central bank.

The Supreme Court allowed Cook to remain in her role while she fought the president's effort to terminate her employment over the allegations.