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Donald Trump vs Fed governor: US President’s attempts to fire Lisa Cook might land in legal battle; Biden appointee vows not to resign

IndiaTimes Tuesday, 26 August 2025 ()
Donald Trump's attempt to dismiss Federal Reserve governor Lisa Cook over alleged mortgage fraud is expected to face legal challenges, questioning presidential authority over the Fed's independence. Cook denies the allegations and refuses to resign, setting the stage for a potential Supreme Court battle.
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