White House Seeks to Remove Fed Governor Lisa Cook Amid Allegations
The White House is renewing efforts to remove Lisa Cook from the Federal Reserve's Board of Governors, citing allegations of false statements on mortgage agreements. A letter addressed to Cook's attorney requests a written response to the allegations within 21 days. The Trump administration initially raised these accusations, leading to a Justice Department investigation. Cook has denied any wrongdoing and has not been charged with a crime. The situation highlights ongoing tensions between the White House and the Federal Reserve, particularly regarding the independence of the central bank. 
