Lisa Cook is sworn in during a Senate Banking nomination hearing on June 21, 2023, in Washington, DC. Drew Angerer/Getty Images Washington —
Federal Reserve Governor Lisa Cook has the support of every living former chair of the central bank’s powerful Board in her legal battle with President Donald Trump, who tried to fire her last month based on unproven allegations of mortgage fraud, according to an amicus brief filed to the Supreme Court Thursday.
An appeals court earlier this month kept Cook in her post through a preliminary injunction while her lawsuit challenging Trump’s firing attempt moves forward — just days before the central bank’s September policy meeting. The administration appealed that decision , and is now being considered by the nation’s highest court.
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