Trump Administration Renews Effort to Fire Federal Reserve Governor Lisa Cook

The Trump administration has renewed its effort to fire Federal Reserve Governor Lisa Cook, according to reports from the Associated Press, PBS NewsHour, NPR, CBS News, and The New York Times published on August 7-8, 2026. The White House sent Cook a letter stating it is considering removing her from her position on the Federal Reserve Board of Governors. This follows an earlier attempt by President Trump to terminate Cook over allegations of mortgage fraud, which Cook has denied. The Supreme Court had previously ruled to allow Cook to retain her position while she contested Trump's initial effort to remove her, a decision reported to have occurred approximately two months before this renewed push. Multiple outlets describe the mortgage fraud allegations against Cook as unproven. The current action represents a new phase in the ongoing dispute, with the administration formally notifying Cook of its consideration of termination via letter rather than an immediate dismissal. The status of this renewed effort remains unresolved, as no outlet reports a final decision or outcome regarding Cook's employment status following the letter. It is unclear what specific new grounds, if any, the administration is citing beyond the original mortgage fraud allegations, or what procedural steps will follow the letter. Whether Cook or the Federal Reserve will take further legal action in response to this renewed attempt has not been confirmed in the available reporting.