Trump Is Coming for Lisa Cook Again — This Time With a New Legal Playbook - Black Therapy Today
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Trump Is Coming for Lisa Cook Again — This Time With a New Legal Playbook

Trump Is Coming for Lisa Cook Again — This Time With a New Legal Playbook

It seems President Donald Trump isn’t done with Lisa Cook.

Just weeks after the Supreme Court blocked his attempt to remove the Federal Reserve governor, Trump is reviving his campaign against the Black woman, signaling that his battle with one of the Fed’s most outspoken policymakers is far from over.

The White House formally notified Cook that Trump is once again considering removing her from the Federal Reserve Board, according to CNBC. This time, the administration is going through a process designed to address the procedural flaws that doomed the president’s first few attempts to oust Cook, who was appointed by former President Joe Biden.

The administration alleged last year that Cook made false statements on mortgage documents tied to several properties before she joined the Fed, claims her legal team has repeatedly denied as baseless. Trump first targeted Cook during his attempts to pressure the Fed into slashing interest rates.

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Now, the renewed offensive comes after the U.S. Supreme Court ruled in June that Trump could not remove Cook under the circumstances presented at the time, emphasizing that Federal Reserve governors have statutory protections and could only be dismissed “for cause,” The Root also reported. That decision preserved Cook’s position, but it also left open the possibility that a president could pursue removal if the legal standard were properly met.

Cook’s attorney, Abbe Lowell, dismissed the latest allegations, arguing they are legally unfounded and represent another attempt to undermine the Federal Reserve’s independence. He has maintained that the mortgage transactions predated Cook’s appointment and do not constitute grounds for removal under federal law.

“There is no valid cause for removing Governor Cook,” Lowell told NPR in a statement. “As we did before, we will challenge this latest pretext and preserve her position and the historic role of the Fed.”

The dispute extends beyond one Fed governor, however. Trump’s repeated clashes with the central bank point to his frustrations with the Fed’s policies and his desire for a Federal Reserve more aligned with his economic agenda. Removing Cook would not only reshape the balance of the Board of Governors but could also establish future precedents for presidential influence, even though the institution traditionally remains independent from political pressure.

Whether Trump’s latest attempt against Cook succeeds will likely hinge on whether the administration can convince the courts that new allegations meet the legal threshold required to remove a sitting Federal Reserve governor–a question that could once again test the limits of executive power over America’s central bank.