WASHINGTON -- Federal Reserve Governor Lisa Cook has sued the Trump administration in an effort to overturn the president's attempt to fire her , launching an unprecedented legal battle that could significantly reshape the Fed's longstanding political independence.

Lisa Cook, right, takes the oath of office to become a member of the Federal Reserve Board, May 23, 2022, in Washington. AP Photo/Patrick Semansky, file

The lawsuit seeks an injunction to block her firing and "confirm her status" as a member of the Fed's governing board.

No president has sought to fire a Fed governor in the institution's 112-year history until Trump posted a letter on media late Monday saying that Cook was fired. Trump said the reason for her removal were allegations that she committed mortgage fraud

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