On August 26–27, 2026, Federal Reserve Governor Lisa Cook denied unsubstantiated mortgage fraud allegations promoted by President Donald Trump as he considered efforts to remove her from the Board of Governors. Cook's lawyer stated she has never committed fraud or intentional wrongdoing.
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Federal Reserve Governor Lisa Cook again denied unproven mortgage fraud allegations repeated by President Donald Trump as he considers whether to renew his effort to remove her, which likely launches another contentious legal battle over the central bank’s independence.
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Fed governor Lisa Cook slams Trump’s renewed threat to fire her AP News
Federal Reserve governor Lisa Cook says the Trump administration has no legal basis to remove her from the central bank’s governing board.
Lisa D. Cook hit back at President Trump’s allegations that she had committed mortgage fraud.
Federal Reserve Governor Lisa Cook told President Trump's administration it has no legal basis to remove her from the central bank's governing board, responding late Wednesday to renewed White House efforts to oust her over mortgage fraud allegations she denies [ft.com#1][bloomberg.com#1][businesstimes.com.sg#1][marketwatch.com#1][nytimes.com#1][straitstimes.com#1][mynorthwest.com#1][wxii12.com#1]
Lawyers for Federal Reserve governor Lisa Cook have submitted their case for why she cannot legally be fired, as President Trump seeks new avenues for dismissing the Biden appointee for cause. The big picture: After the Supreme Court ruled against Trump's attempt to fire Cook last year over allegations that she claimed two different properties as her primary residence in mortgage documents, the Wh
The Supreme Court in late June blocked Trump from firing Cook from the Federal Reserve, but left the president with a path to try again to remove her.
Federal Reserve Governor Lisa Cook denied wrongdoing and said President Trump's administration has no legal basis to remove her from the central bank's governing board after the White House renewed mortgage-fraud allegations against her [nytimes.com#1][bloomberg.com#1][cnbc.com#1][marketwatch.com#1][ft.com#1]. Her lawyers said the disputed mortgage paperwork reflected an inadvertent error, not int
The Trump administration has doubled down on its accusations against Cook, despite a Supreme Court ruling in her favour.
Federal Reserve Governor Lisa Cook rejected President Trump’s renewed effort to remove her from the central bank’s governing board, with her lawyers saying in an Aug. 26 letter that the administration has no legal basis to fire her “for cause” under federal law [abcnews.com#1][cbsnews.com#1][thenews.com.pk#1][bolnews.com#1]. Trump’s renewed threat cites allegations first raised by Federal Housing
Cook denied any wrongdoing, calling the allegations a pretext to remove her for monetary policy differences, and she sued to keep her job.
Federal Reserve Governor Lisa Cook on Wednesday pushed back against the Trump administration's renewed attempt to fire her from the central bank's Board of Governors, despite a Supreme Court ruling preventing her removal. Cook's lawyers, Abbe Lowell and Norm Eisen, said President Trump has "no legal basis" to remove their client. The Fed governor, who was...
A lawyer for Federal Reserve Governor Lisa Cook said she "has never committed mortgage fraud or any intentional wrongdoing."