US EditionFed Governor Lisa Cook sues Trump after he moves to fire her
- On August 28, 2025, Lisa Cook, a Federal Reserve Governor, initiated legal action disputing President Trump’s authority to remove her from her position.
- Trump announced on August 25 that he would fire Cook, accusing her of deceitful conduct and citing mortgage fraud allegations from 2021, though Cook denies any wrongdoing.
- Cook, appointed in 2022 by President Biden, claims the law permits removal of a Fed governor only for cause, setting up a rare legal battle over Fed independence.
- The market showed a slight rise in the 30-year Treasury yield after Trump’s announcement, though investors generally remain calm amid concerns over the potential politicization of the Fed.
- The legal dispute could redefine presidential control over the Fed, with observers noting that a court ruling in Cook’s favor would limit White House influence on monetary policy.
32 Articles
32 Articles
Official fired by Trump files lawsuit against president — and names a shocking defendant
Federal Reserve Governor Lisa Cook, who President Donald Trump proclaimed to have fired on Monday amid his war against the central bank for refusing to slash interest rates, has named Trump and Federal Reserve Chair Jerome Powell in a new lawsuit protesting the decision.First reported by Politico re...
The Sun (Lowell)
San Gabriel Valley TribuneFed Gov. Lisa Cook sues Trump administration to block her attempted firing
By CHRISTOPHER RUGABER, Associated Press Economics Writer WASHINGTON (AP) — Federal Reserve Governor Lisa Cook has sued the Trump administration in an effort to overturn the president’s attempt to fire her, launching an unprecedented legal battle that could significantly reshape the Fed’s longstanding political independence. No president has sought to fire a Fed governor in the institution’s 112-year history until Trump posted a letter on his Tr…
Fed Governor Lisa Cook sues to challenge Trump’s attempt to fire her, setting up a showdown over presidential power
Federal Reserve Governor Lisa Cook is suing to keep her job on the prominent board after President Donald Trump said he was removing her from her role earlier this week.
Fed Governor Lisa Cook sues Trump over 'unprecedented and illegal' effort to fire her
Federal Reserve Governor Lisa Cook sued President Donald Trump on Thursday, the beginning of a landmark legal battle over Trump's "unprecedented and illegal" efforts to remove her from the central bank and by extension the committee that makes crucial decisions about the nation's interest rates.
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