The legal battle over Lisa Cook’s position at the Federal Reserve is entering a new phase as U.S. President Donald Trump moves again to oust the governor despite a Supreme Court setback in June, a letter seen by Reuters showed.
The White House told Cook in a letter this week that the president was "considering" removing her from her role and demanded she respond to unproven mortgage fraud allegations within three weeks - allegations her attorney called "baseless."
The salvo against Cook is the second time this week Trump has restarted an effort to take actions that the Supreme Court blocked earlier this year. Trump earlier this week also issued another order attempting to limit birthright citizenship after the high court ruled against his previous effort to limit who is automatically considered a U.S. citizen.
The letter to Cook, signed by Deputy Chief of Staff Dan Scavino and first reported by ABC News, alleged that she committed crimes that could be punishable by up to 30 years in prison and that her conduct constituted negligence that called into question her trustworthiness as a Fed governor, ABC reported.
In a statement, Cook's lawyer said "there is no valid cause" for removing Cook from her position.
