World · World News Bureau
Trump administration initiates removal process against Federal Reserve Governor Cook
The Trump administration has launched efforts to remove Lisa Cook from her position as a governor on the U.S. Federal Reserve Board, with legal proceedings underway in 2025.
LSN World News ·

The Trump administration has begun formal proceedings aimed at removing Lisa Cook from her role as a member of the Federal Reserve's Board of Governors, marking an early confrontation between the new administration and the central bank's leadership.
Cook, who was appointed to the Fed's board in 2022, has become a focal point of the administration's review of federal institutions. The initiative to remove her has progressed beyond preliminary discussions, with litigation now underway as part of the formal removal process.
The move reflects broader tensions between the Trump administration and the Federal Reserve, an independent institution responsible for monetary policy and banking regulation. The proceedings represent a significant challenge to the traditional autonomy enjoyed by the central bank in its personnel and operational decisions.
Federal Reserve governors typically serve 14-year terms, and their removal requires substantial justification under federal law. The legal challenge to Cook's tenure will likely test the scope of presidential authority over the central bank's governing structure during the coming months.