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President Donald Trump has announced he is firing Federal Reserve Governor Lisa Cook, the first Black woman to serve on the board. Legal experts say he lacks the authority, and attorney Abbe David Lowell has vowed to fight the move in court. The Congressional Black Caucus called Trump’s actions “a racist, misogynistic, and unlawful attack.” The dispute is now headed toward the courts and could reach the Supreme Court.
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President Donald Trump has announced he is firing Federal Reserve Governor Lisa Cook, the first Black woman to serve on the board. Legal experts say he lacks the authority, and attorney Abbe David Lowell has vowed to fight the move in court. The Congressional Black Caucus called Trump’s actions “a racist, misogynistic, and unlawful attack.” The dispute is now headed toward the courts and could reach the Supreme Court.
Subscribe to our newsletter to stay informed with the latest news from a leading Black-owned & controlled media company: https://aurn.com/newsletter
Learn more about your ad choices. Visit megaphone.fm/adchoices
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