President Donald Trump is considering renewing his push to fire Federal Reserve Governor Lisa Cook over mortgage fraud allegations amid an ongoing legal debate over the president's ability to remove members of the independent central bank, FOX Business has learned.
The White House is seeking a response from Cook within the next three weeks about the allegations that the administration leveled against her last year.
Trump indicated in a letter to Cook this week that he is considering moving forward with firing her, asking for a response to the allegations that prompted the president to announce her termination in August 2025 – which sparked an ongoing legal battle over his ability to remove Cook from her role at the Federal Reserve.
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This is a developing story. Please check back for updates.