Trump Could Target Three Fed Governors, but Legal Hurdles May Complicate Removal
President Donald Trump is considering efforts to remove three members of the Federal Reserve's Board of Governors: Jerome Powell, Lisa Cook, and Michael Barr. This potential action comes amid a recent inspector general report that highlighted management issues in the central bank’s headquarters renovation but found no criminal violations or administrative misconduct. A Supreme Court ruling earlier this year required due process for removing Lisa Cook from her position, allowing her to remain on the board during litigation. Legal experts suggest prolonged legal battles could delay removals and hinder Trump's ability to reshape the Fed before key policy decisions in October 2025. Former Fed General Counsel Scott Alvarez warned that such efforts might backfire by keeping targeted governors in their roles. Trump has criticized Powell, whom he appointed during his first term but later distanced himself from. The president is reportedly consulting with Attorney General Todd Blanche and U.S. Attorney Jeanine Pirro to review the IG report's findings.
Topics: Federal Reserve Jerome Powell Lisa Cook Michael Barr Trump administration