Federal Reserve governor Lisa Cook sues over Trump’s bid to fire her

Federal Reserve governor Lisa Cook sues over Trump’s bid to fire her - short news


US president spent months waging campaign against Fed’s leaders which has raised questions over its independence

Federal Reserve governor Lisa Cook has filed a lawsuit claiming Donald Trump has no authority to fire her.

The lawsuit – filed by Cook in federal court in Washington on Thursday – sets the stage for a legal battle over the US president’s extraordinary bid for greater control of the central bank. The complaint was not immediately available.

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source: The Guardian - 28.08.2025

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