Trump tries again to fire Fed governor Lisa Cook
President Trump renewed his effort to fire Federal Reserve governor Lisa Cook after a narrow Supreme Court decision, reigniting a battle over central-bank independence, according to reports. Coverage framed the move as part of a push to install allies at the Fed; the reports set out the attempt without confirming whether it would succeed or how Cook would respond.
Why it matters
An attempt to remove a Fed governor tests the central bank's independence, a cornerstone of confidence in US monetary policy.
Sources
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Part of the August 8, 2026 brief.