Trump Firing Fed Chair: Lawyers Clash in High-Stakes Showdown Over Presidential Power Play
A federal judge in Washington, D.C. grilled lawyers for the Justice Department and Lisa Cook over President Donald Trump's historic attempt to fire her from the Federal Reserve during a high-stakes hearing on Friday. The DOJ and Cook's team are reportedly trading blows as they clash over the constitutionality of the president's actions.
A federal judge in Washington, D.C. on Friday engaged in a heated exchange with lawyers for the Justice Department and Lisa Cook over President Donald Trump's attempt to fire her from the Federal Reserve, with Cook's lawyers pushing back against the DOJ's claims that she was fired lawfully. The judge grilled both sides during a high-stakes clash over the legality of the firing, which took place during Trump's presidency. The dispute centers on whether Trump improperly bypassed standard procedures when trying to oust Cook from her role as Fed governor. As the case unfolds, the outcome could have significant implications for the future of the Federal Reserve and its leadership.
