Federal Reserve Gov. Lisa Cook Sues Trump Over Attempted Firing
Cook’s lawsuit alleges Trump’s attempted firing is illegal and violates her Fifth Amendment due process rights.
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Cook’s lawsuit alleges Trump’s attempted firing is illegal and violates her Fifth Amendment due process rights.
President Donald Trump removed Federal Reserve Governor Lisa Cook effective immediately Monday, marking the first time in U.S. history that a president has tried to fire a sitting member of the Federal Reserve Board. “Pursuant to my authority under Article II of the Constitution and Section 10 of the Federal Reserve Act of 1913, you […]
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