President Donald Trump has stated he will remove Cook if the newly formed committee of inquiry finds legal cause for her dismissal. This initiative follows a June Supreme Court ruling that allowed Cook to remain in her role after a prior removal attempt in August 2025. Fellow Governor Chris Waller recently told Bloomberg that the White House's challenges to the board are a threat to Fed independence, though he noted that they have not yet succeeded.
Wednesday, October 21, 2026
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Fed Governor Lisa Cook Requests Delay of White House Mortgage Hearing
US Politics7 days ago
A petition was submitted to the administration to push back the date of a residential loan examination for a board member of the U.S. central bank. Attorneys for Federal Reserve Governor Lisa Cook have asked to move the Nov. 5 in-person hearing to a date after the December 8-9 policy meeting, citing her travel on official government business. The lawyers have expressed grave doubts regarding the legitimacy of the inquiry and described it as a potential box checking exercise to justify a firing.
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