EXPLAINED: Lisa Cook lawsuit against Trump
MSNBCยท2025-08-29 03:11
Legal Analysis - Lisa Cook, a Federal Reserve Board of Governors appointee, is suing Trump, arguing he cannot fire her without cause due to the Fed's structure [1] - The Supreme Court views the Fed as a "uniquely structured quasi private entity," suggesting the President's power to fire Fed officials is limited [3] - A legal failure for Lisa Cook could potentially lead to Jerome Powell being targeted [3]