New Delhi, Aug. 27 -- resident Donald Trump on Tuesday responded to questions about Federal Reserve Governor Lisa Cook's attorney saying they will file a lawsuit challenging his attempt to remove her.
Asked at a Cabinet meeting if he was prepared for a legal fight, Trump said, "Oh sure, always."
Cook's attorney, Abbe Lowell, issued a statement saying, "Trump has no authority to remove Federal Reserve Governor Lisa Cook. His attempt to fire her, based solely on a referral letter, lacks any factual or legal basis. We will be filing a lawsuit challenging this illegal action."
Trump announced Monday night that he was removing Cook from the Fed board over unproven allegations of mortgage fraud. Speaking Tuesday, he said, "We need people tha...
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