A federal judge in Washington heard arguments Friday in a closely watched legal battle over President Donald Trump’s attempt to fire Federal Reserve Governor Lisa Cook — the first such case in the central bank’s 110-year history. The judge issued no immediate ruling.
Cook is seeking to block her removal and confirm her status as a member of the Fed’s governing board. Trump has accused her, without offering evidence, of committing mortgage fraud. She has never been charged with a crime. Her lawsuit argues that the allegations are a pretext for removing her because she has resisted Trump’s push to lower interest rates.
Attorneys for Cook, led by Abbe Lowell, argued the president failed to provide proper legal notice, saying she learned of the attempt via social media posts rather than an o