Court hearing Gov. Lisa Cook’s lawsuit against Trump on Friday

The president fired the central bank governor on Monday evening, but Cook is fighting back in a lawsuit that is likely to end in the Supreme Court.

Gov. Lisa Cook’s lawsuit against Trump will be reviewed Friday

“I will not resign. I will continue to do my duties to support the American economy since 2022.” That was the rebellious response of Federal Reserve Board member Lisa Cook in a written statement released by multiple media outlets the day after President Donald Trump posted a letter on true social.

Cook then awarded Trump and Chairman Jerome Powell on Thursday, filed a lawsuit against the Federal Reserve Committee. Including Powell and the Federal Reserve Committee appears to be a safeguard in case they are on too ally with the president, and many hope that they will eventually go to the Supreme Court.

(US President Donald Trump fired Governor Lisa Cook on Monday / Donald Trump is the truth of society)

The mortgage fraud allegations were originally filed by Bill Prute, director of the Trump administration’s federal housing finance agency. It was behind those allegations that the president called for Cook to resign last week.

But by Monday evening, that call for resignation soon turned into an official letter of fire, and Cook doesn’t seem to lie there. A Michigan State University economics professor has sued the president, the Fed and even her boss, claiming Trump has no legal basis for firing her.

“President Trump claimed he would fire me ‘for a cause’ when there is no cause under the law, but he has no authority to do so,” Cook said in her statement. “It means an example of “for a cause,” inefficiency, disregard of obligation, misconduct in duties, or equivalent misconduct,” her lawsuit states.

The drama began when Powell and his board refused to cut interest rates in the face of severe criticism and shaming from the president. When Trump’s provocation turned out to be effective, he targeted a $2.5 billion renovation project at the Fed headquarters. However, Powell remained unshakable and voted to keep interest rates intact, but one governor, Adriana Kugler, strangely quit, and the other two broke from other board members in rare moves and voted to cut interest rates. Coogler was soon replaced by Trump loyalty Stephen Milan.

Soon after Milan’s appointment, Pulte drafted his now-infamous letter accusing Cook of “getting bank documents and property records to obtain more favorable loan terms.” And now, if Cook’s expulsion somehow succeeds, another Trump party is likely to replace her, which will result in a majority Pro-Trump Fed committee, with interest rates cut in the near future.

“The incident challenges President Trump’s unprecedented and illegal attempts to remove Governor Cook from her position.