Lisa Cook isn’t going down without a fight.
Cook plans to file a lawsuit challenging President Donald Trump’s attempt to fire her from her position on the Federal Reserve’s board of governors, her attorney said Tuesday.
“President Trump has no authority to remove Federal Reserve Governor Lisa Cook,” her lawyer Abbe Lowell said in a statement. “His attempt to fire her, based solely on a referral letter, lacks any factual or legal basis. We will be filing a lawsuit challenging this illegal action.”
This is a developing story…