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International Business Times
International Business Times
World

Court Battle Underway As Fed Governor Cook Contests Firing By Trump

Lisa Cook Donald Trump US Federal Reserve United States Abbe Lowell Bill Pulte FHFA Jia Cobb
Judge Jia Cobb, at a court in Washington, heard arguments from lawyers representing Federal Reserve Governor Lisa Cook and President Donald Trump, as Cook contests her firing (Credit: AFP)

A US court on Friday began hearing Federal Reserve Governor Lisa Cook's challenge of President Donald Trump's attempt to fire her, in a legal battle set to have major implications for the US central bank and its independence.

In the first hearing in the case, a judge in Washington considered Cook's request for a temporary order declaring Trump's attempt to oust her unlawful.

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