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2025August › 28

Lisa Cook

10 months ago

The lawsuit comes amid concerns that the US president is trying to sway central bank’s decisions on monetary policy.
President Donald Trump has accused Cook of mortgage fraud, and invoked constitutional power that allows him to fire governors.
President attempted to sack the central bank governor as he intensified his attack on the institution
The Supreme Court is likely to resolve the question of whether President Trump had legal cause to remove the Federal Reserve Board member.

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