Pozew przeciwko członkowi zarządu Fed Cook obejmuje również przewodniczącego Fed Powella jako pozwanego

ChainCatcher News, according to Golden Ten Data, on Thursday, Federal Reserve Governor Cook filed a lawsuit in the federal court of Washington, D.C., seeking to prevent U.S. President Trump from removing her from office. The lawsuit also names Federal Reserve Chairman Powell and the Federal Reserve Board as defendants. Trump stated on Monday that the reason for removing Cook was because someone accused her of fraud in connection with mortgage applications related to two properties under her name.

Cook's lawyer, Abbe Lowell, wrote in the complaint: "This case challenges President Trump's unprecedented and illegal attempt—to remove Governor Cook. If this action is allowed to happen, it will be the first time in the history of the Federal Reserve Board." "This would undermine the Federal Reserve Act... which clearly requires that the removal of a governor must be for 'cause,' and the so-called allegations regarding Cook's private mortgage applications submitted before her Senate confirmation do not constitute cause." Cook's lawsuit initiates a legal battle that could ultimately reach the Supreme Court.

The complaint points out that the lawsuit against Powell and the Federal Reserve Board is limited to their possible legal authority to "execute President Trump's so-called decision to remove Governor Cook."