Trump bid to fire Fed's Lisa Cook cost her more than $1M in legal, security costs: Filing
Federal Reserve Governor Lisa Cook faced significant legal and security expenses following Donald Trump's attempt to remove her from the Fed board in August. The matter is currently before the Supreme Court to determine if the firing was legal. Financial disclosures reveal the costs exceeded $1 million.
What changed
New ethics filings disclose the specific legal and security costs associated with Lisa Cook's challenge to her removal.
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Fed Governor Lisa Cook Incurred Over $1M in Costs Fighting Trump Firing Bid
confidence 90%Federal Reserve Governor Lisa Cook faced significant legal and security expenses following Donald Trump's attempt to remove her from the Fed board in August. The matter is currently before the Supreme Court to determine if the firing was legal. Financial disclosures reveal the costs exceeded $1 million.
What's confirmed:
- Federal Reserve Governor Lisa Cook incurred more than $1.3 million in legal and security expenses after Donald Trump attempted to fire her in August.
- The legal battle regarding Cook's removal from the Fed board is now before the Supreme Court.
- Cook's legal and security costs exceeded $1 million.
Still unconfirmed:
- Outside groups covered the legal and security bills exceeding $1.3 million.
- Lisa Cook received $1.2 million to fight the attempt to fire her.
- Lisa Cook received over $1 million in support for her legal battles.