President Donald Trump is considering a renewed push to fire Federal Reserve Governor Lisa Cook over mortgage fraud allegations, FOX Business has learned, as the legal debate over presidential authority to remove members of the independent central bank continues.

The White House is seeking a written response from Cook within three weeks regarding allegations the administration first leveled against her last year. White House Personnel Office Director Dan Scavino informed Cook in a letter this week that the president is weighing whether to move forward with her dismissal.

The letter references the same allegations that prompted Trump to announce Cook's termination in August 2025, a move that triggered an ongoing legal battle over whether the president possesses the authority to remove her from the Federal Reserve Board.

"You are hereby provided notice that the President is considering removing you from your position" as a member of the Fed's Board of Governors, the letter stated. It asserted there is "sufficient reason to believe that you made false statements on one or more mortgage agreements," and requested "your explanation for your false statements and accompanying evidence within 21 days."

Supreme Court Rules on Trump's Attempt to Fire Fed Governor Lisa Cook

Earlier this summer, the Supreme Court issued a 5-4 ruling permitting Cook to remain in her position while the legal challenge to her dismissal proceeds through the courts.

Chief Justice John Roberts, writing for the majority, rejected the administration's argument that it could "remove a member of the Federal Reserve at any time, for any reason, without any notice before, and without any judicial check after. That would turn for-cause protection into little more than at-will employment."

The case carries significant implications for the structure of the Federal Reserve, whose seven governors serve staggered 14-year terms designed to insulate monetary policy decisions from short-term political pressure. The for-cause removal protections at issue have been a cornerstone of that independence since the central bank's governance framework was established.

Roberts' opinion concluded: "To be clear, the ultimate question of whether the President can remove Cook for cause will depend in part on the underlying facts. In this opinion, we have not addressed the facts, as they have yet to be found or analyzed under the relevant legal standards. Rather, we have simply addressed the parties' arguments about the appropriate legal standards under which the facts must be evaluated." That framing means the lower courts will now need to examine the specific mortgage fraud allegations against Cook before any ultimate resolution of her removal.