(WASHINGTON) — Federal Reserve Governor Lisa Cook sued President Donald Trump on Thursday over his move to fire her, saying she should retain her position as a top policymaker at the central bank.

The lawsuit, filed in U.S. District Court for the District of Columbia, describes Trump’s effort as “illegal and unprecedented,” claiming Cook’s ouster violates the independence of the Fed, a cornerstone of the nation’s economy.

Trump’s action violates Cook’s constitutional right to due process, as well as her right to notice and a hearing under the Federal Reserve Act, the lawsuit says.

Hours after Cook filed the lawsuit, a judge granted a hearing for Friday morning. The case has been assigned to Judge Jia M. Cobb, who was nominated to the court in 2021 by former President Joe Biden.

Federal

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