Trump Reportedly Renews Efforts to Remove Federal Reserve Governor Lisa Cook

Houston, TX, August 7, 2026 —

WASHINGTON D.C. – President Donald Trump is reportedly renewing his efforts to remove Lisa Cook from her position as a Governor of the Federal Reserve. This follows a previous attempt to remove her that was reportedly blocked by the Supreme Court.

A letter originating from the White House indicated that the President was considering this action regarding Governor Cook’s tenure. The specific details of the previous attempt and the Supreme Court’s involvement were not provided in the summary. The duration of Governor Cook’s term and the legal basis for the President’s reported actions were also not specified.

Lisa Cook was nominated by President Biden and confirmed by the Senate in 2022. Her term as a Federal Reserve Governor is set to expire in 2037.

The Federal Reserve, often referred to as the Fed, is the central banking system of the United States. It is responsible for the nation’s monetary policy, including setting interest rates and regulating banks. The independence of the Federal Reserve from direct political influence is a cornerstone of its operational framework, though its leaders are appointed by the President and confirmed by the Senate.

Further details regarding the grounds for the President’s reported renewed efforts and the potential legal or political pathways forward were not available in the provided summary. The White House’s communication indicated a consideration of this step, but no definitive action or timeline was stated.

Story summarized from the original created by Mallory Wilson on thehill.com, see more information here.

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