President Donald Trump has renewed his effort to remove Federal Reserve Governor Lisa Cook, according to reports by Politico and other news outlets. The move revives an earlier attempt to oust Cook from the central bank, though the specific grounds and procedures involved were not detailed in the available reports.
The effort follows what several outlets described as a setback for the administration in the Supreme Court. Reports characterized the renewed action as the White House moving forward with another attempt to remove Cook, potentially reopening a dispute over the limits of presidential authority over Federal Reserve officials.
The case has broader implications for the independence of the Federal Reserve, whose governors are generally intended to operate without direct political control. Any effort to remove a sitting governor could prompt further legal challenges and scrutiny over the protections afforded to members of the central bank.