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Lisa Cook will sue over Trump firing from Fed board, her lawyer says
Lisa Cook, appointed in 2022 and the first Black woman on the Fed board, plans to sue President Trump over his unprecedented firing attempt citing contested mortgage fraud claims.
- Federal Reserve Governor Lisa Cook is facing an unprecedented removal attempt by President Donald Trump, who accuses her of mortgage fraud in a move that challenges the Fed's independence in its 111-year history.
- The Federal Reserve Act allows removal of governors only 'for cause,' and legal experts say this dispute over presidential authority will likely end up in court.
- Cook faces no criminal charges and, represented by her attorney Abbe Lowell, intends to file a lawsuit contesting her dismissal in order to affirm her right to continue serving.
- The Federal Reserve and lawmakers including Maxine Waters and Charles Schumer have criticized the firing bid as undermining the Fed's independence and risking economic stability.
- If upheld, Cook’s removal could shift control over monetary policy and lead to contentious Senate confirmation for Trump’s nominee, Stephen Miran.
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Trump Preparing for Supreme Court Battle to Fire Fed Governor Lisa Cook
President Donald Trump is preparing for a Supreme Court battle to remove Federal Reserve Governor Lisa Cook. The post Trump Preparing for Supreme Court Battle to Fire Fed Governor Lisa Cook appeared first on Slay News.
·North Carolina, United States
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Trump’s Lisa D. Cook Firing: Use of Racism in Power Grab - International Viewpoint - online socialist magazine
Trump's August 25 late night internet post firing Lisa Cook from the Board of Governors of Federal Reserve System, the country's central bank, came as a surprise. Why her? IVP608 - September 2025 / United States (USA), Racism and Islamophobia
The Conversation+2 Reposted by 2 other sources
How Trump’s dismissal of a Fed governor could redefine presidential power – if courts agree that he alone can interpret vague laws
Donald Trump’s unprecedented firing of a Federal Reserve board member isn’t just about her job status. It’s about what checks remain on a president bent on vastly expanding his office’s power.
Coverage Details
Total News Sources395
Leaning Left97Leaning Right54Center137Last UpdatedBias Distribution47% Center
Bias Distribution
- 47% of the sources are Center
47% Center
L 34%
C 47%
R 19%
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