Federal Reserve governor Lisa Cook sued Donald Trump on Thursday, the beginning of a landmark legal battle over what she calls Trump’s “unprecedented and illegal” efforts to remove her from the central bank and the committee that makes decisions about the nation’s interest rates.
Cook also seeks an emergency temporary restraining order that would remain in effect “until such time as the Court can further consider the merits of her claims.”
In her lawsuit, Cook seeks a “declaration that President Trump’s August 25, 2025 purported firing … is unlawful and void and that Governor Cook remains an active member of the Board of Governors of the Federal Reserve.”