Trump mounts new effort to oust Lisa Cook from Fed board after Supreme Court ruling

TL;DR

The White House has notified Federal Reserve Governor Lisa Cook that President Trump is considering firing her due to allegations of mortgage fraud.
This is a renewed effort after the Supreme Court previously blocked Trump's attempt to fire Cook, citing a lack of due process.
The White House has given Cook a deadline to respond to the accusations outlined in a letter.
Cook denies the allegations, and her attorneys plan to fight the removal attempt, asserting the claims are unfounded and the move politically motivated.
The allegations stem from a criminal referral alleging misrepresentations on mortgage filings for two properties before Cook's nomination to the Fed.
The Supreme Court had previously ruled that the Fed's for-cause protection should not be undermined by political interference.

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