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Al Jazeera

Politics

Federal Reserve Governor Lisa Cook sues Trump for his attempt to fire her

Lisa Cook Donald Trump US Federal Reserve the Federal Reserve Gwynne Wilcox Lawsuit Adam Schiff Jerome Powell Letitia James United States

Cook is accused of committing mortgage fraud before she was appointed to the Federal Reserve board in 2021 [File: Jim Urquhart/Reuters]

Federal Reserve Governor Lisa Cook has filed a lawsuit arguing that United States President Donald Trump has no power to remove her from office, setting up a legal battle that could reset long-established norms between the president and the central bank.

The lawsuit was filed on Thursday, three days after Trump published a letter saying Cook was removed from her job.

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