Lisa Cook Files Lawsuit Against Trump, Powell Over Fed Firing
August 28, 2025
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Shane Croucher is a Breaking News Editor based in London, UK. He has previously overseen the My Turn, Fact Check and News teams, and was a Senior Reporter before that, mostly covering U.S. news and politics. Shane joined Newsweek in February 2018 from IBT UK where he held various editorial roles covering different beats, including general news, politics, economics, business, and property. He is a graduate of the University of Lincoln, England. Languages: English. You can reach Shane by emailing s.croucher@newsweek.com
Shane Croucher
Breaking News Editor
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Lisa Cook has filed a lawsuit in federal court to challenge President Donald Trump‘s move to fire her as a governor of the Federal Reserve.
Cook names Trump and Fed Chair Jerome Powell as defendants in the lawsuit filed in the District of Columbia.
The lawsuit calls Trump’s firing of Cook “unprecedented and illegal,” and called allegations of mortgage fraud that underpinned the president’s action “unsubstantiated”.
She is seeking an immediate injunction against the firing and her reinstatement to the Fed’s Board of Governors.
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