Lisa Cook will sue over Trump firing from Fed board, her lawyer says [View all]
Source: The Hill
Federal Reserve Board Governor Lisa Cook will file a lawsuit challenging her removal by President Donald Trump, her attorney said Tuesday.
“President Trump has no authority to remove Federal Reserve Governor Lisa Cook,” the lawyer, Abbe Lowell, said in a statement, a day after Trump cited allegations of mortgage fraud by Cook in firing her.
“His attempt to fire her, based solely on a referral letter, lacks any factual or legal basis,” Lowell said.
“We will be filing a lawsuit challenging this illegal action.”
Read more: https://www.cnbc.com/2025/08/26/lisa-cook-sue-trump-fed.html
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Lisa Cook will sue over Trump firing from Fed board, her lawyer says
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“Trump has no authority to remove Federal Reserve Governor Lisa Cook,†the lawyer, Abbe Lowell, said in a statement.â€
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