Lisa Cook Sues Trump Over Attempted Removal from Federal Reserve Board

Reported about 11 hours ago

Federal Reserve Governor Lisa Cook has filed a lawsuit against President Trump, asserting that his attempt to remove her was unlawful and infringed upon her due process rights. Cook contends that accusations of mortgage fraud against her are baseless and claims that her dismissal violates her rights under the Federal Reserve Act. The case raises significant questions about presidential authority over the Federal Reserve's independence and is set for a hearing in the District of Columbia.

Source: YAHOO

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