Cook argues Trump administration has no legal basis to remove her from Federal Reserve board
Federal Reserve board member Lisa Cook on Wednesday pushed back against the Trump administration’s renewed attempt to fire her from the central bank’s board of governors, despite a Supreme Court ruling preventing her removal. Cook’s lawyers, Abbe Lowell and Norm Eisen, said President Trump has “no legal basis” to remove their client.
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Federal Reserve board member Lisa Cook on Wednesday pushed back against the Trump administration’s renewed attempt to fire her from the central bank’s board of governors, despite a Supreme Court ruling preventing her removal. Cook’s lawyers, Abbe Lowell and Norm Eisen, said President Trump has “no legal basis” to remove their client.
The Fed governor, who…
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