White House revives unprecedented effort to remove Fed governor Lisa Cook

The Trump administration is making another attempt to remove Federal Reserve Governor Lisa Cook, notifying her of potential removal due to mortgage fraud allegations and giving her 21 days to respond. This move follows a Supreme Court ruling that blocked a previous attempt due to procedural issues, like lack of notice. This effort to oust Cook underscores the ongoing tensions between the White House and Fed officials, highlighting the political dynamics at play within the U.S. government. The significance lies in the potential precedent it sets for how officials can be removed from their positions.