Federal Reserve Board member Lisa Cook plans to sue over President Donald Trump’s decision to fire her, an attorney for Cook said on Aug. 26.
“President Trump has no authority to remove Federal Reserve Governor Lisa Cook,” attorney Abbe Lowell said in a statement provided to The Epoch Times. “We will be filing a lawsuit challenging this illegal action.”
The lawsuit would follow several others challenging Trump’s removal of high-ranking bureaucrats—an issue that has called into question the nature of executive authority.
Trump sent Cook a letter on Aug. 25 stating that he was removing her “for cause,” citing “sufficient reason” to believe that she had made false statements on one or more mortgage agreements. According to the letter that the president posted on TruthSocial, Cook allegedly claimed in a mortgage document that her primary residence was in Georgia two weeks after claiming that it was in Michigan on another mortgage document….
Fed Governor Lisa Cook to Sue Over Trump’s Decision to Fire Her, Attorney Says
