Federal Reserve Governor Lisa Cook is suing Trump to prevent fire from being shot

Federal Reserve Ruler of the Board of Directors Lisa Cook On Thursday, the president’s prosecution Donald Trump To prevent his unprecedented attempt to launch it, put a legal battle that is likely to end up supreme court.

the suitHe was submitted to a federal court in Washington, DC, as well as the names of the Chairman of the Board of Directors Jerome Powell The Council of Governors itself as defendants.

Trump said on Monday that he removes Cook because of allegations that she had committed Fraud of mortgage Regarding the residential property it possesses.

“This case suit.

“It would spoil the Federal Reserve Law … which explicitly requires a” reason “to remove the ruler, which is not implemented by the prosecution over the private mortgage requests submitted by the Governor Cook before the Senate confirmation.”

Cook requests the court to announce the order to shoot Trump “illegal and invalid” and confirms that it remains a member of the Board of Directors.

It also wants the court to judge that the claims related to its real estate loans do not constitute a “reason”, which the lawsuit defines as “inefficiency, neglect of duty, poor violations in the office, or similar misconduct.”

The lawsuit indicates that Powell and the Federal Reserve Council are only being sued to the extent that they are able to “implement the alleged end of President Trump to the ruler Cook,” noting the case.

CNBC requested a comment from the White House on the lawsuit. The Federal Reserve refused to comment.

Trump’s efforts to shoot Cook came months later, complaining that she, Powell and other members of the Board of Directors did not say interest rates, as he wanted.

The allegations against Cook for the first time from Bill Bolti, Director of the Federal Agency for Housing, and an aggressive supporter of Trump’s criticism of Powell.

Pulte sent a criminal referral to the Ministry of Justice, which she said would investigate the mortgage demands against Cook. Pulte, DOJ and White House demanded that Cook leave her quickly in light of allegations.

Within hours of the message of Trump ending until she was exposed to the public on the social truth, Cook pledged to “continue to do my duties to help the American economy as I have been doing since 2022.”

The main question of her lawsuit is whether the judge is, and in the end the Supreme Court, he will agree that Trump was called the reason for shooting her.

the Federal Reserve Law He says that the president can remove a member of the Conservative Council at the Federal Reserve only “for the reason.”

Cook has not been charged, and the least convicted of any crime, including fraud in mortgage.

If Trump succeeds in removing Cook, he will put him on the right track to appoint him The majority of the Federal Reserve Council for the seven conservative members.

“We will have a majority very soon,” Trump said at the White House during the cabinet meeting on Tuesday. “So it will be great.”

This is urgent news. Check again for updates.

– CNBC And manganese He contributed to this report.