Trump Revives Bid to Remove Fed Governor Lisa Cook Despite Supreme Court Rebuff
WASHINGTON — President Donald Trump has revived his effort to remove Federal Reserve Governor Lisa Cook, just days after the Supreme Court ruled he lacked unilateral authority to fire her. The move underscores Trump’s determination to assert control over the central bank despite legal and political obstacles.
Renewed White House Campaign
Administration officials confirmed Friday that the White House is preparing a new legal strategy to challenge Cook’s tenure, citing alleged conflicts of interest tied to mortgage industry claims she oversaw as part of the Fed’s consumer protection work. The effort comes after the Supreme Court rejected Trump’s earlier attempt to dismiss Cook, reaffirming the Fed’s independence from direct presidential control.
Legal and Political Fallout
The renewed push has sparked immediate backlash from economists and lawmakers who warn that Trump’s actions could undermine the central bank’s credibility. “This is a dangerous precedent,” said one senior Democratic senator, arguing that the president’s campaign against Cook threatens the Fed’s ability to operate free from political pressure.
Republican allies have been more cautious. Some have defended Trump’s right to challenge what they call “unaccountable bureaucrats,” while others privately worry the fight could rattle financial markets already uneasy about inflation and interest rate policy.
Cook’s Role and Record
Lisa Cook, appointed in 2022, is the first Black woman to serve on the Federal Reserve Board. She has been a key voice on consumer protection and housing policy, often emphasizing the need for fair lending practices. Trump’s team has accused her of mishandling mortgage-related claims, though no formal findings of wrongdoing have been made public.
Broader Power Struggle
Trump’s renewed effort reflects a broader pattern of defiance toward institutions that limit presidential authority. In recent weeks, he has also challenged Supreme Court rulings on birthright citizenship and executive oversight, signaling his intent to reshape the boundaries of federal power.
What’s Next
Legal experts expect the White House to file a new petition seeking to revisit the Court’s decision, though success appears unlikely. The confrontation sets up another test of how far Trump can push against the judiciary and independent agencies as he consolidates control over economic policy.
Also Read: Trump Defies Supreme Court, Presses Ahead on Citizenship and Fed Battles