Legal & Governance - The White House maintains the president had lawful authority to remove a Federal Reserve governor [2] - The removal was justified due to credible accusations of lying on financial documents, impacting the Fed's accountability [2] - The White House believes the allegations of mortgage fraud, though unproven, constitute cause for removal [3] - The governor's legal team argues the allegations are unsubstantiated and wouldn't warrant removal [4] Potential Investigation - There are hints of potential further action from the Department of Justice regarding this case [5][6] - Bill Py suggested another referral to the DOJ, but details remain unclear [4][5] - The investigation remains loosely under investigation with no formal steps confirmed publicly [6]