Lisa Cook Hits Back at Trump’s Latest Attempt to Oust Her as Fed Governor

Lisa D. Cook on Wednesday fought back against President Trump’s latest attempt to try to oust her from her role at the Federal Reserve.

In a defiant reply, a lawyer for Ms. Cook stressed that she had committed no crime, nor had been charged with one, even as Mr. Trump had forged ahead with an attempt to dismiss her from the central bank over unproven allegations of mortgage fraud.

Ms. Cook, a Fed governor, and her lawyer submitted the formal filing in response to a letter from the White House, which renewed its attempts to fire Ms. Cook this month. Mr. Trump had tried, and failed, to fire her in a process that began last year, until the Supreme Court halted it, finding that the president did not afford her an ample opportunity to respond to the charges.

The Trump administration’s allegations against Ms. Cook hinge on her 2021 purchase of a condominium in Atlanta, which she listed as a “primary” residence in at least one mortgage document, despite never living there. Ms. Cook also maintained another home in Ann Arbor, Mich., which was also designated as a “primary” residence.

Article source: https://www.nytimes.com/2026/08/26/business/trump-lisa-cook-fed.html