White House Revives Bid to Oust Fed Governor Lisa Cook
The White House has revived its effort to fire Lisa Cook, Governor of the US Federal Reserve, after a setback from the Supreme Court. The move comes as President Donald Trump seeks to exert more control over the central bank's leadership.
Cook was nominated by President Biden in 2022 and confirmed by the Senate in May 2023. However, her tenure has been marked by controversy, with some lawmakers questioning her qualifications and fitness for the role.
The Supreme Court had previously declined to intervene in a lawsuit challenging Cook's appointment, but the White House is now seeking to remove her through a separate process.