Fed Governor Cook will sue to keep her job as Trump mulls replacement

Trump’s attempt to remove her, unprecedented in the 111-year history of the nominally independent US Federal Reserve Board, is consistent with his style of breaking norms and prompting opponents to challenge him in court.

Federal Reserve Governor Lisa Cook will file a lawsuit to prevent President Donald Trump from firing her, a lawyer for the embattled central bank official said on Tuesday, kicking off what could be a protracted legal fight over the White House’s effort to shape US monetary policy.