Fed Governor Lisa Cook to Sue Over Trump’s Decision to Fire Her, Attorney Says

The president responded in part by saying that ‘we need people that are 100 percent aboveboard.’

Federal Reserve Governor Lisa Cook speaks with leaders of nonprofits and a variety of businesses, in Washington on Sept. 23, 2022. Manuel Balce Ceneta/AP Photo

Federal Reserve Board member Lisa Cook plans to sue over President Donald Trump’s decision to fire her, an attorney for Cook said on Aug. 26.

“President Trump has no authority to remove Federal Reserve Governor Lisa Cook,” attorney Abbe Lowell said in a statement provided to The Epoch Times. “We will be filing a lawsuit challenging this illegal action.”