Federal Reserve governor Lisa Cook to sue Trump administration over its attempt to fire her

Federal Reserve governor Lisa Cook to sue Trump administration over its attempt to fire her - short news


Cook’s attorney said the president has ‘no authority’ and ‘lacks any factual or legal basis’ to fire the Fed governor

The Federal Reserve governor Lisa Cook will sue the Trump administration over its bid to fire her over unconfirmed allegations of mortgage fraud, her attorney has said.

Donald Trump announced he was firing Cook on Monday night, in an extraordinary move that marks the latest escalation in the US president’s attack on the central bank’s..


Read more on The Guardian

source: The Guardian - 26.08.2025

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