Daily Market Updates: Trump revives effort to fire Fed governor Lisa Cook

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Trump revives effort to fire Fed governor Lisa Cook

A Trump aide told Cook there is sufficient reason to believe she made false statements on one or more mortgage agreements.

Reported · Written up by our desk · Trade & Tariffs

CNBC reports that the Trump administration has revived an effort to remove Federal Reserve governor Lisa Cook.

According to the outlet, a Trump aide, Dan Scavino, told Cook that there is sufficient reason to believe she made false statements on one or more mortgage agreements.

The dispute centers on the alleged mortgage-related statements, which the administration is using as the basis for the renewed effort to fire her.

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CNBC MarketsTrump revives effort to fire Fed's Lisa Cook

CNBC WorldTrump revives effort to fire Fed's Lisa Cook

Global Markets

Trump revives effort to fire Fed governor Lisa Cook

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