As Trump resumed his strike efforts, Federal Reserve Commissioner Cook again denied misconduct

On 27 August, the Federal Reserve Commissioner, Lisa Cook, again denied the repeated unsubstantiated allegations of mortgage fraud made by Trump. Trump is considering whether to resume her removal efforts, which is likely to trigger another heated legal dispute over the Fed’s independence. In a letter to the White House on Wednesday, Cook's lawyer claimed that the allegations were “unfounded and false”. The letter states: “Consort of Cook has never committed mortgage fraud or any wilful misconduct and there is no legal justification for removing him from the Federal Reserve Board. Kim Xiao