US Fed governor Lisa Cook sues Trump over move to fire her
US Federal Reserve governor Lisa Cook filed a lawsuit Thursday to challenge Donald Trump’s move to fire her – as the president intensified pressure on the independent central bank.
Trump had published a letter on his Truth Social platform Monday evening, stating that he was removing Cook from her role and citing accusations of false statements on her mortgage agreements.
“This case challenges president Trump’s unprecedented and illegal attempt to remove governor Cook from her position which, if allowed to occur, would (be) the first of its kind in the Board’s history,” court documents said.
Cook seeks a decision to confirm her status as a Fed governor, allowing her to continue in her role.
In requesting “immediate declaratory and injunctive relief”, Cook also seeks an outcome safeguarding Fed officials’ congressionally…
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