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August 26, 2026
Lisa Cook Responds to Trump's Renewed Threat to Fire Her
- Lisa Cook's attorneys argue that Trump's allegations of mortgage fraud are unfounded and do not meet the legal standard for removal.
- Cook claims any errors in her mortgage applications were unintentional and do not justify her dismissal.
- The Supreme Court previously ruled that Cook can remain in her position while the case is ongoing, but Trump could attempt to fire her again with proper notice.
- If removed, Trump could appoint a replacement, potentially shifting the balance of power on the Federal Reserve board.
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6 Sources
- Fed governor Lisa Cook slams Trump's renewed threat to fire herAug 26, 2026 at 11:23 PM · AP
- Lisa Cook Hits Back at Trump’s Latest Attempt to Oust Her as Fed GovernorAug 26, 2026 at 11:25 PM · NYT
- Fed governor Lisa Cook: "No legitimate basis for removal" on Trump mortgage claimsAug 26, 2026 at 11:37 PM · Axios
- Fed’s Cook Says She Never Committed FraudAug 26, 2026 at 11:40 PM · WSJ
- Lawyer for Fed's Cook, targeted by Trump, says there is no grounds for dismissalAug 26, 2026 at 11:45 PM · Reuters
- Fed Gov Lisa Cook’s lawyer fires back at Trump's renewed threat to oust herAug 27, 2026 at 12:15 AM · CNBC