BlocktoBlockto
Trump Renews Push to Remove Fed Governor Lisa Cook Despite Earlier Supreme Court Setback
POLICY

Photo: Illustrative

Trump Renews Push to Remove Fed Governor Lisa Cook Despite Earlier Supreme Court Setback

President Donald Trump is reviving his effort to remove Federal Reserve Governor Lisa Cook, weeks after the Supreme Court blocked his earlier attempt, according to a letter reviewed by Reuters.

Laurisa
By Laurisa

Junior Author · August 8, 2026

2 min
Key takeaways
President Donald Trump is reviving his effort to remove Federal Reserve Governor Lisa Cook, weeks after the Supreme Court blocked his earlier attempt, according to a letter reviewed by Reuters.
White House Demands Response Within Weeks The White House sent Cook a letter this week stating the president was considering removing her, giving her three weeks to respond to unproven mortgage fraud allegations.
Cook's attorney, Abbe Lowell, called the allegations baseless and said there is no valid cause for her removal, adding they will challenge the latest effort.

President Donald Trump is reviving his effort to remove Federal Reserve Governor Lisa Cook, weeks after the Supreme Court blocked his earlier attempt, according to a letter reviewed by Reuters.

White House Demands Response Within Weeks

The White House sent Cook a letter this week stating the president was considering removing her, giving her three weeks to respond to unproven mortgage fraud allegations. Cook’s attorney, Abbe Lowell, called the allegations baseless and said there is no valid cause for her removal, adding they will challenge the latest effort. The letter alleged conduct potentially punishable by up to 30 years in prison.

Second Blocked Effort Revisited This Week

This marks the second Supreme Court blocked action Trump has restarted this week, following a renewed attempt to limit birthright citizenship. Trump previously cited mortgage fraud last year in trying to fire Cook, the first Black woman to serve as a Fed governor, though she has denied the allegations as pretextual.

Supreme Court Previously Sided With Cook

In June, the Supreme Court ruled 5-4 against Trump’s removal attempt, with Chief Justice John Roberts writing that Cook wasn’t afforded proper procedural protections. The ruling didn’t resolve the underlying factual dispute and returned the case to lower courts. Wharton professor Peter Conti-Brown said the ruling’s procedural basis effectively invited further presidential pressure, calling the motivation behind the effort clearly pretextual.

How markets are positioning

Live market reaction

🛢️WTI Crude
+3.4%
Gold
+1.8%
Bitcoin
-1.8%
$DXY
+0.6%

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.

Exclusive partner offer

Start trading
with BloFin today

Up to $500 sign-up bonus and zero-fee trading on your first 30 days.

Buy crypto now

You will be redirected to BloFin

Share article

About the author

Laurisa
Laurisa

Emerging voice in crypto journalism with a background in fintech and digital economics. Covers DeFi, NFTs, and the evolving regulatory landscape.