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27 August 12:54

Federal Reserve Governor, Lisa Cook, announced that she will sue the Trump administration after the "illegal" firing attempt.

Călin Nicolescu

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International

Foto Profimedia

Lisa Cook, the Governor of the Federal Reserve, has been threatened with dismissal by Donald Trump, who cited alleged mortgage fraud accusations. In response, Cook's attorney, Abbe Lowell, stated on Tuesday that the president has 'no authority' to fire her. The Trump administration supported the move, citing a section of the U.S. code. If Cook takes legal action, the case could ultimately reach the Supreme Court.

Sources

independent.co.uk

Fired Federal reserve governor Lisa Cook to sue Trump to save her job

Business Magazin

Guvernatorul Fed îl va da în judecată pe Trump, afirmând că acesta nu o poate concedia în mod legal

Politico Global

'Still a target': How Cook's war with Trump has revived her nightmare confirmation

ȘTIRI PE ACELEAȘI SUBIECTE

International

Former FBI director, James Comey, requests the withdrawal of the charges against him, arguing that they are motivated by Donald Trump's personal vendetta.

International

25 states have sued the Trump administration for refusing to fund the Supplemental Nutrition Assistance Program (SNAP), which provides food assistance to approximately 42 million people.

International

Banks and merchants in the US are facing a shortage of one-cent coins after Trump's decision to halt production, causing chaos in commerce.

International

Trump filed a lawsuit against The New York Times, accusing the publication of false and defamatory statements related to his wealth.

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