Trump Tries Again to Oust Federal Reserve Governor Lisa Cook
President Donald Trump is pushing to remove Federal Reserve Governor Lisa Cook from her position, despite a previous Supreme Court ruling that barred such an action. This latest move was reported by ABC News on Friday, citing unnamed sources familiar with the matter.
The White House has formally requested that Cook respond within three weeks to the president's contemplation of her removal. This adds another layer of tension as Cook's potential dismissal remains a point of contention in the current administration.
This continued effort reflects Trump's disregard for the Supreme Court's earlier ruling and his determination to follow through on his agenda. The outcome of this scenario could have significant implications for the Federal Reserve and its governance.