Lisa Cook

After SCOTUS Win, Trump Begins Process to Fire Fed Board Governor Lisa Cook . . . Again

(WND)—President Donald Trump tried to fire Lisa Cook from her position at the Federal Reserve earlier.

She went to court and ultimately the Supreme Court voted 5-4 to temporarily block his dismissal plan.

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But then it outlined how the decision did not prevent Trump from trying to remove her later, “if he first gave her notice of the allegations and an opportunity to respond.”

So that’s what the president is doing.

According to a report at the Washington Examiner, Trump notified Cook of the possible dismissal over allegations of mortgage fraud.

He’s given her three weeks to respond.

“In an Aug. 5 letter, the White House told Cook there was ‘sufficient reason to believe’ she made false statements on one or more mortgage applications and directed her to submit a written response with supporting evidence within 21 days,” the report said.

“Pursuant to the Supreme Court’s opinion from June 29, 2026, you are hereby provided notice that the President is considering removing you from your position on the Board of Governors of the Federal Reserve due to there being sufficient reason to believe that you made false statements on one or more mortgage agreements,” the letter charges.

It cites a criminal referral, dated Aug. 15, 2025, from former Federal Housing Finance Agency Director Bill Pulte to the Justice Department.

“The president has reviewed the allegations in the Criminal Referral, and believes there is reason to believe you may have made false statements on one or more mortgage agreements,” the charges against Cook explained.

The Supreme Court said there would have to be a period for Cook to respond, and only then could courts make a decision on the “validity and sufficiency of such charges.”

Pointedly, the White House notes that Cook has been aware of the allegations since that referral, about a year ago, but “she has not offered an explanation.”

“Even though it has been over 10 months, you have never provided an explanation for this serious misconduct. This is your opportunity to respond.”

Allegations have been made that Cook claimed two different properties as her primary residence, a scheme that could provide for her lower mortgage interest rates.

The claims emerged last year that she misrepresented information on mortgage applications for two separate properties located in Michigan and Georgia.

The claims are that she on legal documentation claimed both residences were her “primary residence.”

That designation often allows borrowers to get lower interest rates.

Trump said such actions, if documented, could undermine public trust in the Federal Reserve, which after all sets the interest rates that impact mortgages for millions and millions of homeowners across the nation.

She charged in court the president doesn’t have the authority to remove her; the Supreme Court said he could, under certain conditions.