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'Hard to believe that will be upheld': Why courts unlikely to go along with Fed governor firing
MSNBCยท2025-08-27 14:20

And let me get to the news. Federal Reserve Governor Lisa Cook is fighting President Trump's attempts to fire her, vowing yesterday to file a lawsuit. This just one day after the president said he would remove Cook from the board of governors over allegations of mortgage fraud.Cook's lawyer, Abby Lel, said in a statement that Trump has no authority to remove the governor, adding, quote, "His attempt to fire her based solely on a referral letter lacks any factual or legal basis. Cook has not been charged wit ...