Trump first tried to fire Cook on August 25, saying she committed mortgage fraud. The US president’s Supreme Court request is unprecedented
US President Donald Trump’s administration asked the US Supreme Court on Thursday to let him move ahead with firing Federal Reserve Governor Lisa Cook – a move without precedent since the central bank’s founding in 1913 – in a legal battle that imperils the Fed’s independence.
“This application involves yet another case of improper judicial interference with the President’s removal authority – here, interference with the President’s authority to remove members of the Federal Reserve Board of Governors for cause,” the Justice Department said in the filing.
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