Fed governor Lisa Cook says she will sue Trump to keep job

US Federal Reserve Board of Governors member Lisa Cook listens during an open meeting in Washington (Mark Schiefelbein/AP)

US Federal Reserve governor Lisa Cook will sue President Donald Trump’s administration to try to prevent him from firing her, her lawyer has said.

“President Trump has no authority to remove Federal Reserve governor Lisa Cook,” said Abbe Lowell, a long-time Washington lawyer who has represented figures from both major political parties.