President Donald Trump is restarting his effort to remove Lisa Cook from the Federal Reserve Board, about a month after he was blocked from doing so by the Supreme Court.
In a letter to Cook this week, the White House said the president was considering firing her from her position over unproven allegations that she engaged in mortgage fraud, reviving efforts that began last summer. It gave Cook 21 days to respond and directed her to submit any evidence or argument to the White House by Aug. 26.
