Fed Gov Lisa Cook’s lawyer fires back at Trump’s renewed threat to oust her
The Supreme Court in late June blocked Trump from firing Cook from the Federal Reserve, but left the president with a path to try again to remove her.
TL;DR
- Lawyer Abbe Lowell defended Federal Reserve Governor Lisa Cook against allegations of mortgage fraud.
- Lowell stated the allegations remain unfounded and untrue, and that any apparent mistakes were unintentional and not criminal.
- President Trump has previously attempted to remove Cook, citing a criminal referral for alleged mortgage fraud.
- The Supreme Court previously blocked Trump's attempt to fire Cook but allowed him a path to try again.
- Lowell argued that using the referral as grounds for firing would ignore facts and law, and questioned the selective nature of Trump's actions.