Lisa Cook, governor of the US Federal Reserve and governor nominee for US President Joe Biden, during a Senate Banking Committee nomination hearing in Washington, DC, US, on Wednesday, June 21, 2023.
Anna Rose Layden | Bloomberg | Getty Images
Lawyers for Federal Reserve Governor Lisa Cook on Thursday argued that the Supreme Court should reject President Donald Trump’s request that he be allowed to fire her pending the outcome of her lawsuit challenging her removal.
“The President’s stay application asks this Court to act on an emergency basis to eviscerate the independence of the Federal Reserve Board,” Cook’s lawyers wrote in a new filing with the Supreme Court.
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