Lisa Cook | AnewZ

U.S. appeals court rejects Trump bid to oust Fed's Lisa Cook

A U.S. appeals court declined on Monday to allow Donald Trump to fire Federal Reserve Governor Lisa Cook in the latest step in a legal battle that threatens the Fed's longstanding independence. It's the first time a president has pursued such action since the central bank's founding in 1913.

10:33

Lisa Cook

Federal Reserve governor Lisa Cook will sue Trump over firing attempt

Federal Reserve Governor Lisa Cook will file a lawsuit to prevent President Donald Trump from removing her from office, a lawyer for the central bank official said on Tuesday, potentially setting up a prolonged legal battle over the White House’s attempt to influence U.S. monetary policy.

09:30

Trump

Trump fires Fed governor Lisa Cook over mortgage allegations

U.S. President Donald Trump fired Federal Reserve Governor Lisa Cook on Monday, citing alleged mortgage fraud. It's the first-ever effort to remove a governor and could face a court challenge.

Browse today's tags

News Politics Trump Gaza Israel Hamas United States Russia