Fed Governor Lisa Cook filed a lawsuit against President Donald Trump after he posted that he had written to the Federal Reserve 'removing' her from her post, alleging she made false statements on mortgage agreements. Cook said she had no intention of being 'bullied' out of her role and said she is gathering accurate information to answer legitimate questions about her financial history. An emergency court hearing before Judge Jia Cobb is scheduled at 10 a.m. to consider Cook's filing, which seeks a temporary restraining order against the president. Markets currently expect Cook to prevail and commentators call the dispute noisy but of limited policy substance.
I do intend to take any questions about my financial history seriously as a member of the Federal Reserve, and so I am gathering the accurate information to answer any legitimate questions and provide the facts.
Plaintiff Lisa D. Cook ... respectfully requests that the Court issue an emergency temporary restraining order, to remain in effect until such time as the Court can further consi
noise but little substance
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