Lisa Cook Refuses To Step Down After Trump Tries To Fire Her Blogged by: poligirlsayswhat #DonaldTrump may have tried to remove Federal Reserve Governor #LisaCook, but she isn’t going anywhere. On Monday, Trump announced that Cook was being terminated immediately, citing allegations of mortgage fraud as his justification. But Cook wasted no time firing back, saying flatly that Trump had no legal power to do what he claimed. Through a statement released by her attorney Abbe Lowell, Cook declared, “No cause exists under the law, and he has no authority” to fire her. She added that she fully intends to remain at the Federal Reserve and continue her work supporting the U.S. economy. Lowell went even further, calling Trump’s move “illegal and lacking due process.” He made it clear that Cook’s team is prepared to take the fight to court if necessary, setting the stage for a major legal battle over the independence of the Federal Reserve. Cook, who made history as the first Black woman ...