(NewsNation) — A legal battle has begun that will determine the future of how the Federal Reserve operates.

Federal Reserve Governor Lisa Cook is suing the Trump administration over her recent firing and has asked a federal judge to block the decision.

President Donald Trump announced Cook would be removed from her role for "deceitful and potentially criminal conduct" last week.

The announcement came after Bill Pulte, a Trump appointee who heads the Federal Housing Finance Agency, accused Cook of mortgage fraud. He alleged she claimed two primary residences to get better mortgage rates.

Cook's legal team has pushed back, writing in a court filing that "the mortgage allegations against her are pretextual in order to effectuate her prompt removal and vacate a seat for President Trump to

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