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Fed's Cook Sues Trump Over Attempt to Fire Her
Posted
August 28, 2025
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August 28, 2025
18,538
340
18
1.93%
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1:36Now PlayingFederal Reserve Governor Lisa Cook’s lawsuit against President Donald Trump portrays his attempt to fire her as a power grab that could cause “irreparable harm” to the US economy.
The suit disputed Trump’s allegation of mortgage fraud and described it as mere pretext to justify firing her and trying to seize control of the Fed. The move is part of a pattern by Trump, Cook says, following his earlier attempt to force out Fed Chair Jerome Powell and pressure the central bank into lowering interest rates.
Cook asked US District Judge Jia Cobb in Washington to issue a temporary restraining order barring Trump’s firing of her from taking effect as the lawsuit begins. The order is necessary, according to the filing, to preserve the status quo at the Fed and protect the public interests.
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