President Donald Trump’s administration has renewed its request to fire Lisa Cook from the Federal Reserve’s board of governors. The administration filed a response to a federal appeals court on Sunday, arguing against Cook’s legal reasons for staying on the job. This move comes ahead of the central bank’s vote on interest rates. Cook, the first Black woman to serve as a Fed governor, has been accused of mortgage fraud, which she denies. A federal judge ruled her removal illegal, but the administration appealed. This marks the first time a president has tried to fire a Fed governor.
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