Axios August 27, 2026 • 05:40

Fed governor Lisa Cook: "No legitimate basis for removal" on Trump mortgage claims - Axios

By Neil Irwin

Fed governor Lisa Cook: "No legitimate basis for removal" on Trump mortgage claims - Axios

It is a closely watched case that may determine the political independence of the central bank.

Driving the news: Three weeks ago, the White House asked for her response to the substance of those allegations, which her lawyers submitted and distributed to reporters Wednesday evening.
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