Washington (CNN) — Federal Reserve Governor Lisa Cook is suing to keep her job on the board, which helps set interest rates, after President Donald Trump said he was removing her from her role earlier this week.

Cook’s lawsuit , filed Thursday morning in federal court in Washington, DC, asks for a judge to rule that Trump’s attempt to remove her is unlawful and that she remains an active member of the Federal Reserve.

A hearing on her request for a temporary restraining order has been scheduled for 10 a.m. ET on Friday in front of Judge Jia Cobb, an appointee of former President Joe Biden.

Cook’s lawsuit sets the stage for what could be a high-stakes legal battle with major implications for the Fed and the power of the presidency, even as Trump moves to consolidate his hold over pa

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