Fed’s Cook asks Supreme Court to reject Trump’s attempt to fire her
(Reuters) — Federal Reserve Governor Lisa Cook urged the U.S. Supreme Court on Thursday to reject President Donald Trump’s unprecedented attempt to oust her from the central bank’s board.
Lawyers for Cook filed a written response opposing the administration’s September 18 emergency request to lift a federal judge’s order that blocked the Republican president from removing Cook, an appointee of Democratic former President Joe Biden, while litigation over the termination continues.
Washington-based U.S. District Judge Jia Cobb ruled on September 9 that Trump’s claims that Cook committed mortgage fraud before taking office — an allegation Cook denies — likely were not sufficient grounds for removal under the 1913 law that