Lisa Cook Mortgage Fraud Defense – Attorneys Say

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Trump Attempts to Fire Federal Reserve Governor Lisa Cook

Former⁣ President Donald‍ Trump has attempted to fire⁤ Federal Reserve⁤ Governor lisa Cook, citing “alleged facial inconsistencies.” Cook’s attorneys argue thes inconsistencies ⁣were previously disclosed and don’t warrant “for ⁢cause” removal, referencing a Supreme Court case ⁢protecting independent agency officials from politically motivated firings.

cook herself stated Trump has no legal authority to fire her. This action comes as Trump has been publicly pressuring the Fed to lower interest rates,even personally attacking Fed Chair Jerome‍ Powell.

Meanwhile, ⁣Jerome Powell recently indicated the fed may consider a small rate ⁤cut in September during remarks at Jackson Hole, Wyoming.