Washington —

President Donald Trump on Monday said he had fired Federal Reserve Governor Lisa Cook — the first Fed governor ever to be placed in that position — citing allegations of mortgage fraud. But before the Trump administration thrust Cook into the spotlight, she was already known for being a trailblazer.

In 2022, Cook became the first Black woman to serve on the Fed’s Board of Governors, appointed by President Joe Biden. Now her term, which was slated to run through January 2038, could wind up in the hands of the courts after Cook’s attorney said he would file a lawsuit challenging Trump’s attempted removal of Cook.

Before joining the Fed’s ranks, Cook was a professor of economics and international relations at Michigan State University for about two decades. Her research fo

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