WASHINGTON — President Donald Trump’s administration renewed its request Sunday for a federal appeals court to let him fire Lisa Cook from the Federal Reserve’s board of governors, a move the president is seeking ahead of the central bank’s vote on interest rates.
What You Need To Know
President Donald Trump's administration has renewed its request to fire Lisa Cook from the Federal Reserve’s board of governors
The administration filed a response to a federal appeals court on Sunday, arguing against Cook's legal reasons for staying on the job
This move comes ahead of the central bank’s vote on interest rates
Cook, the first Black woman to serve as a Fed governor, has been accused of mortgage fraud, which she denies
A federal judge ruled her removal illegal, but the administration app