The White House has revived an effort to remove Federal Reserve Governor Lisa Cook, renewing a dispute over whether a sitting Fed governor can be dismissed. The move has been described as unprecedented and follows earlier attempts by President Donald Trump to challenge Cook’s position.
Trump has informed Cook that he is considering her removal, according to reports. The administration’s renewed action comes amid an ongoing legal and constitutional conflict over the limits of presidential authority and the protections afforded to members of the Federal Reserve Board.
The effort is also expected to keep the issue before the courts, despite previous legal proceedings involving Cook’s position. The dispute could have broader implications for the Federal Reserve’s independence and for the balance between presidential power and the statutory protections governing the central bank.
Details of the administration’s next steps, including whether it will formally seek Cook’s removal and how the courts will respond, remain unsettled. Cook’s status is likely to depend on further legal rulings and any action taken by the White House.