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Federal Reserve Governor Council Lisa Cook On Thursday, he sued President Donald Trump, trying to block his unprecedented step to fire her.
A costumefiled with the Federal Court in Washington, the District of Columbus Jerom Powell And the Governors’ Council itself as accused.
Trump said Monday that deleted Cook because of the charges that she had committed Mortgir In connection with the two residential properties it belongs to it.
“In this case, an unprecedented and illegal attempt by President Trump from her position, which, if allowed, is the first in the history of the council,” Kuka Lowell’s lawyer wrote in the lawsuit.
“This will disrupt the Law on the Federal Reserve … which clearly requires the show of the” cause “to remove the governor, which is required by the private mortgage statement provided by the governor Cook before confirming her Senate,” Lowell wrote.
Cook’s costume introduces a legal battle that will probably be on Supreme.
The Powell and the Fed Council sue only to the extent that they can “make the opinion of President Trump, who stopped the governor of Cook,” the lawsuit said.
CNBC demanded from the White House and the Fed in the trial.
Trump’s efforts on Agala Cook came after months when he complained that she, Powell and other board members did not reduce interest rates as he wanted.
The charges against Cook first appeared from Bill a remote, director of the Federal Housing Financing Agency and the aggressive Trump criticism department about Powell.
The Pulte has sent a criminal direction to the Ministry of Justice, which states that there would be a mortgage requirements for Cook. Pulte, Doj and the White House demanded that Cook quickly leave their post in light of the charges.
Within a few hours from the moment of Trump’s letter to the truth, the Social Public, Cook promised “continue to fulfill their duties to help the American economy as I have been doing since 2022.”
The key issue for her lawsuit is whether the judge will eventually agree that Trump had the so -called case to fire her.
A Law of the Federal Reserve He says the president can remove the Fed Governors’ Council only in the case.
Cook was not charged, much less convicted, in any crime, including mortgage fraud.