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Trump Renews Bid to Fire Fed Governor Over Mortgage Fraud Allegations

Guavy AI Editorial Team
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USD
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The Trump administration has renewed its push to oust Federal Reserve Governor Lisa Cook, sending her a letter stating that President Donald Trump is considering removing her from her job.

This move comes despite a recent Supreme Court decision upholding the Federal Reserve's independence. The allegations against Cook concern mortgage fraud.

The White House's letter to Cook marks a renewed attempt by the Trump administration to fire her, after its first effort was blocked by the US Supreme Court.

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