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In a 24-page filing, lawyers for Ms. Cook said the firing would “subvert” the central bank’s congressionally mandated protections as laid out in the Federal Reserve Act.
- Simplified Text
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Lawyers for Lisa Cook said the firing would subvert the central bank's congressionally mandated protections
- Confidence Score
- 0.500
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- The author
- Context Type
- Website Article
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{ "date": null } - Subject Tags
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- 9fc8aa9e-8d00-4517-acdb-1bdd7db8436f
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- ✗ No vector
- Created
- September 2, 2025 at 7:40 PM (1 week ago)
- Last Updated
- September 2, 2025 at 7:40 PM (1 week ago)
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1 week ago
https://www.nytimes.com/2025/08/28/us/politics/lisa-cook-trump-fed-lawsuit.html?campaign_id=9&emc=edit_nn_20250829&instance_id=161501&nl=the-morning®i_id=122976029&segment_id=204866&smid=url-share&user_id=b25c5730c89e0c73f75709d8f1254337
Federal Reserve Governor Lisa Cook sued President Trump for attempting to fire her, arguing the action was illegal and politically motivated. The lawsuit challenges Trump's authority and sets a precedent for the Fed's independence.
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