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Trump claimed to fire Fed governor Lisa Cook, citing Article II and the 1913 Fed Act. Cook rejected the move as unlawful, saying she won’t resign and will keep serving. Her lawyers vow to fight what they call Trump’s illegal attempt to oust her.

Trump claimed to fire Fed governor Lisa Cook, citing Article II and the 1913 Fed Act. Cook rejected the move as unlawful, saying she won’t resign and will keep serving. Her lawyers vow to fight what they call Trump’s illegal attempt to oust her.
Axios •
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