Trump Revives Effort to Fire Fed's Lisa Cook The White House's latest move against Federal Reserve Governor Lisa Cook may seem like a new development, but it's actually a revival of a long running theme in Donald Trump's relationship with the central bank.
The President's decision to "consider" firing Cook over allegations of mortgage fraud is a stark reminder that this administration has never truly grasped the concept of the Fed's dual mandate.
The Trump White House has long been at odds with the Federal Reserve, viewing its independence as a threat to presidential authority.