Fed Governor Lisa Cook sues Trump over move to fire her

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Fed Governor Lisa Cook sues Trump over move to fire her  The case could become a turning point for the 112-year-old Federal Reserve, which was designed by Congress to be insulated from day-to-day political influence.   READ MORE : http://www.euronews.com/2025/08/29/fed-governor-lisa-cook-sues-trump-over-move-to-fire-her  Subscribe to our channel. Euronews is available on Dailymotion in 12 languages

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00:00Federal Reserve Governor Lisa Cook has sued the Trump administration in an effort to overturn the President's attempt to fire her.

00:10The move launches an unprecedented legal battle that could significantly reshape the Fed's long-standing political independence.

00:18It is seen as a test of whether the Federal Reserve is free from any political influence.

00:24Trump said the reason for her removal was allegations that she committed mortgage fraud in 2021, before she was appointed to the board.

00:34The lawsuit argues that the allegations don't involve misconduct by Cook while in office and haven't been proven.

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