Congressional Digest

Supreme Court Debates February 2026 No. 2 Vol. 29
Donald J. Trump, Applicant

Federal Reserve Independence

Donald Trump's Attempt to Remove Board Governor Lisa Cook

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Donald J. Trump, Applicant

On Aug. 15, 2025, Director of the Federal Housing Finance Agency Bill Pulte sent a referral letter to Attorney General Pamela Bondi accusing Federal Reserve Governor Lisa Cook of committing fraud in mortgage applications she submitted in 2021, before she was nominated or confirmed to her government office. On Aug. 25, 2025, President Donald Trump informed Cook that he was removing her from her position pursuant to his authority under the Constitution and U.S. law “effective immediately.” He cited the letter from Pulte as “for cause” grounds for his action. Three days later, Cook filed a motion in federal district…

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