Fed governor Cook to seek court order blocking her firing by Trump

Lisa Cook was appointed to the Fed’s board by former president Joe Biden in 2022 (Mark Schiefelbein/AP)

A case that could provide the Trump administration with new and expansive power over the traditionally independent Federal Reserve will get its first court hearing on Friday.

Federal Reserve governor Lisa Cook has requested an emergency injunction to block US President Donald Trump’s attempt to fire her over allegations that she committed mortgage fraud when she purchased a home and condo in 2021.