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Trump revives push to fire Fed governor Lisa Cook as legal fight drags on

8/9/2026

The threat to fire a sitting Federal Reserve governor is back in focus.

President Donald Trump has revived his effort to remove Fed governor Lisa Cook, putting the question of central-bank independence at the center of rate markets' attention.

The latest push comes after the Supreme Court ruled in June that Cook could remain in her post while the underlying legal case works toward resolution.

The Supreme Court's June ruling The high court's decision in June was a procedural hold.

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