Aug 28 from https://www.msnbc.com/ Left

Lisa Cook files suit against Trump’s ‘unprecedented and illegal’ bid to fire her from Fed

Lisa Cook has filed her lawsuit against President Donald Trump’s attempt to remove her from the Federal Reserve Board of Governors. In her federal court complaint, Cook’s lawyers called Trump’s move “unprecedented and illegal,” arguing that his “unsubstantiated allegation” of mortgage fraud doesn’t meet the legal requirement of showing cause to remove her. In the complaint filed Thursday in...

Aug 28 from http://www.newsmax.com/ Right

Pulte: Fired Fed's Cook Doesn't Refute Fraud Claim in Suit

Lisa Cook did not refute any of the allegations of mortgage fraud in a lawsuit challenging her firing from the Federal Reserve board by President Donald Trump, Federal Housing Finance Agency Director Bill Pulte said Thursday. Trump announced Monday he was firing Cook, who was appointed by former President Joe Biden in 2022 to fill an empty seat and reappointed in 2023 to serve a 14-year term,...

Aug 28 from https://www.nytimes.com/section/opinion Left

Fed Governor Lisa Cook Sues Trump Over Dismissal

“The unsubstantiated mortgage fraud allegations that allegedly occurred prior to Governor Cook’s Senate confirmation do not amount to ‘inefficiency, neglect of duty or malfeasance in office,’” the lawsuit says, “nor has the president alleged that they do.” Inefficiency, neglect of duty and malfeasance in office are the three types of misconduct generally regarded under law as grounds for the...

Aug 27 from https://slate.com/ Left

Trump Is Governing a Lot Like a Country He Despises

Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. Back in May, when the Supreme Court approved President Donald Trump’s decision to fire the leaders of once independent government agencies at his discretion, the conservative justices laid out one sole exception: The Federal Reserve, as the nation’s regulator of...

Aug 25 from https://www.theamericanconservative.com/ Right

Trump Removes Fed Governor Lisa Cook

President Trump announced his decision to remove Federal Reserve Governor Lisa Cook in a letter posted to Truth Social Monday evening The move surprised analysts, despite Federal Housing Finance Agency Director William Pulte’s allegations last week that Cook committed mortgage fraud. In the letter addressed to Cook, Trump cited Pulte’s “criminal referral” before accusing the Fed governor of...

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