Fed governor Lisa Cook: "No legitimate basis for removal" on Trump mortgage claims
AI Summary
Federal Reserve governor Lisa Cook's lawyers argue there's no legal basis for her dismissal as President Trump tries new methods to oust the Biden appointee. This follows a Supreme Court decision last year blocking Trump's attempt to fire Cook over residency claims in mortgage documents. The ongoing saga highlights the complex interplay between executive power and judicial rulings, revealing deeper tensions in governance and federal appointments.
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