Trump has launched an unprecedented assault on the independence of the Federal Reserve in his second term. Read more at straitstimes.com. Read more at straitstimes.com.

Trump has launched an unprecedented assault on the independence of the Federal Reserve in his second term. Read more at straitstimes.com. Read more at straitstimes.com.

Aug. 7 (UPI) -- President Donald Trump is once again trying to remove Governor Lisa Cook from the Federal Reserve Board.

The Trump administration has revived its effort to remove Federal Reserve governor Lisa Cook over disputed mortgage fraud allegations. The move intensifies a legal battle over presidential authority and the Federal Reserve's independence.