Thu, 28 Aug 2025

Thu, 28 Aug 2025 US Fed Governor Lisa Cook sues Trump over his attempt to fire her

The president has accused Cook of mortgage fraud, and cited constitutional power that he says allows him to fire her.

* Federal Reserve governor Lisa Cook has sued President Donald Trump over his attempt to fire her.
* Cook's lawsuit claims Trump's firing order was "unlawful and void" and asks a court to declare it so.
* The president cited constitutional powers allowing him to remove Cook, but she claimed no cause existed under the law.
* The lawsuit alleges that Trump's action would subvert the Federal Reserve Act, which requires a showing of "cause" for a governor's removal.
* Trump has been increasing pressure on the Fed to lower interest rates, and removing Cook could allow him to appoint someone more favorable to his economic agenda.
* The case is likely to bring up legal challenges that may end up at the US Supreme Court.
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