WSJ Correspondent Breaks Down Lawsuit After Fed Governor Sues Trump | WSJ News
WSJ Newsยท2025-08-28 23:07
Lisa Cook, a member of the Federal Reserve Board, filed suit against President Trump, the Federal Reserve itself, and the Fed chairman Jerome Powell, alleging that Trump's purported firing of Lisa Cook was illegal. This is 2 days after President Trump went to social media to fire Lisa Cook, uh alleging that she had filed a fraudulent mortgage application and that was sufficient cause to remove her uh before the expiration of her 14-year term. The president has the authority to fire those who are not aligned ...