Fed Governor Lisa Cook Sues Trump Over Firing, Sparks Legal Battle
TL;DR Summary
Lisa Cook, a Federal Reserve board member appointed by Biden, sued Donald Trump to prevent her firing, claiming Trump's reason was illegal and a pretext to undermine Fed independence. The case highlights tensions over presidential influence on the Fed and may reach the Supreme Court.
- Fired Fed board member sues Trump to try to keep her job Politico
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- The Supreme Court Made a Bad Bet The Atlantic
- Meet the judge who will hear the lawsuit over Trump’s Fed firing Politico
- Fed Governor Lisa Cook sues to challenge Trump’s attempt to fire her, setting up a showdown over presidential power CNN
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