Federal Reserve Board governor Lisa Cook — who is on unpaid leave from her job as a professor at Michigan State University — has sued President Donald Trump for attempting to fire her from the board, saying he has overstepped his legal authority by trying to do so and threatened the independence of the Fed, which helps set monetary policy for the nation.

The lawsuit was filed Aug. 28 in U.S. District Court in Washington D.C. by Cook's lawyer, Abbe David Lowell , and names not only Trump but Federal Reserve Board Chairman Jerome Powell and the other board members collectively and individually. It asks the court to ensure none of them take any action "to effectuate President Trump’s purported termination of Governor Cook."

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