Lisa Cook, Fed and Trump
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Federal Reserve Governor Lisa Cook has the support of every living former chair of the central bank’s powerful Board in her legal battle with President Donald Trump, who tried to fire her last month based on unproven allegations of mortgage fraud,
The justices are weighing an emergency appeal from the Trump administration to remove Cook while her lawsuit challenging her firing by the president proceeds through the courts.
The business world often holds its leaders to more stringent standards than does the government.