Fed governor Lisa Cook faced $1.3m in legal and security fees after Trump’s bid to fire her
Key takeaways
- Lisa Cook walks outside the US supreme court in Washington DC on 21 January 2026.
- The White House targeted Cook last summer as Donald Trump ramped up his unprecedented campaign to push the Fed to cut interest rates.
- Bill Pulte, the director of the Federal Housing Finance Agency who is set to become acting US intelligence chief on Friday, accused Cook of mortgage fraud.
Why this matters: a developing story that could shape the day's news cycle.
Lisa Cook walks outside the US supreme court in Washington DC on 21 January 2026. Photograph: Nathan Howard/Reuters View image in fullscreen Lisa Cook walks outside the US supreme court in Washington DC on 21 January 2026. Photograph: Nathan Howard/Reuters Federal Reserve Fed governor Lisa Cook faced $1.3m in legal and security fees after Trump’s bid to fire her Cook is at the center of a supreme court case focused on whether Trump’s firing of her from the Fed board was legal
Prefer the Guardian on GoogleThe Federal Reserve governor Lisa Cook faced more than $1.3m in legal and security fees after coming under attack from the Trump administration, according to ethics disclosures that were filed on Wednesday.
The White House targeted Cook last summer as Donald Trump ramped up his unprecedented campaign to push the Fed to cut interest rates.