Trump renews bid to fire Fed governor Lisa Cook despite supreme court ruling

From the publisher

Donald Trump is attempting once again to oust the US Federal Reserve governor Lisa Cook over allegations of mortgage fraud, despite a recent US supreme court decision that upheld the central bank’s independence. Cook reportedly received a letter from the White House this week that provided notice, in accordance to the supreme court’s June ruling, that Trump was “considering removing” her from her Fed position over the same claims of mortgage fraud that he levied against her last summer. The letter, first reported by ABC News, accused Cook of falling “well short of the standard” required of a sitting Fed governor and requested she provide a written response to the…

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