Fed Governor Lisa Cook sues Trump over 'unprecedented and illegal' effort to fire her

Aug 28, 2025, 01:35 PM
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Fed Governor Lisa Cook sues Trump over 'unprecedented and illegal' effort to fire her
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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.