Trump renews push to oust Fed's Cook in latest attack

President Donald Trump has renewed his attempt to force Federal Reserve Governor Lisa Cook out of office, marking another escalation in his long-running feud with the U.S. central bank. The latest push follows months of public criticism from the White House over the Fed's interest-rate policies and decision-making.

Trump has repeatedly argued that the Fed's monetary stance is holding back economic growth and has demanded greater political influence over rate-setting. His administration has floated the idea that the president should have a say in monetary policy, a notion that challenges the central bank's decades-old independence from electoral politics.

Cook is a member of the Federal Reserve Board of Governors and takes part in monetary policy deliberations. Removing a sitting governor is highly unusual; federal law only allows dismissal for cause, such as neglect of duty or misconduct, making the effort legally difficult and likely to face court challenges.

The renewed pressure is expected to draw sharp reactions from lawmakers and economists who warn that political interference could destabilize financial markets and undermine confidence in the Fed. The central bank has not publicly commented, but the dispute highlights the escalating tension between the White House and the institution tasked with keeping inflation and employment on track.