President Donald Trump is trying again to oust Federal Reserve Governor Lisa Cook after the U.S. Supreme Court blocked the firing in June.
According to a letter obtained by The Epoch Times, the White House advised Cook that the president is considering removing her from the Board of Governors of the Federal Reserve “due to there being sufficient reason to believe that you made false statements on one or more mortgage agreements.”
The correspondence, dated Aug. 5, signed by Daniel Scavino, Director of the White House Office of Presidential Personnel, asks Cook to “provide a written response with your explanation for your false statements and accompanying evidence within 21 days.”
Cook’s attorneys, Abbe D. Lowell and Norm Eisen, said in a statement the allegations are “baseless.”
“These allegations are as baseless now as they were a year ago when President Trump tried to remove Governor Cook and interfere with the independence of the Federal Reserve. No matter what President Trump tries to do next, this much is clear under the facts and Supreme Court precedent—there is no valid cause for removing Governor Cook. As we did before, we will challenge this latest pretext and preserve her position and the historic role of the Fed,” they said.
