Lisa Cook filed a lawsuit after President Trump fired her as Federal Reserve Governor – and the lawsuit was assigned to a Biden-appointed judge.
Cook is suing President Trump, the Federal Reserve Board of Governors, and Fed Chairman Jerome Powell.
Abbe Lowell (Hunter Biden’s lawyer), and Deep State hack Norm Eisen are representing Lisa Cook.
President Trump on Monday evening fired Biden-appointed Federal Reserve Governor Lisa Cook amid mortgage fraud allegations.
“Pursuant to my authority under Article II of the Constitution of the United States and the Federal Reserve Act of 1913, as amended, you are hereby removed from your position on the Board of Governors of the Federal Reserve, effective immediately,” President Trump wrote in a letter to Lisa Cook.
“I have determined that there is sufficient cause to remove you from your position,” Trump added as he cited housing regulator Bill Pulte’s criminal referral on Lisa Cook for mortgage fraud – specifically occupancy fraud.
According to housing regulator Bill Pulte’s criminal referral, Lisa Cook committed mortgage fraud by lying on her mortgage application and falsifying bank statements when she designated her out-of-state Atlanta condo as her “primary residence”—just two weeks after taking a loan on her Michigan home, which she also claimed as her “primary residence.”
By claiming “primary residence” on her out-of-state condo, Lisa Cook received more favorable loan terms and a lower interest rate.
“We have obtained a document Lisa Cook submitted to the U.S. Government while serving as Federal Reserve Governor. In it, on February 28, 2023, she represents to the U.S. Government that the Atlanta Property is her PERSONAL RESIDENCE,” Pulte said.
“However, Lisa Cook, as a then-sitting Fed Governor and six months earlier, on September 1, 2022, appears to have listed that same property for RENT,” Pulte added.
We have obtained a document Lisa Cook submitted to the U.S. Government while serving as Federal Reserve Governor. In it, on February 28, 2023, she represents to the U.S. Government that the Atlanta Property is her PERSONAL RESIDENCE.
However, Lisa Cook, as a then-sitting Fed… pic.twitter.com/clclhtag9O
— Pulte (@pulte) August 22, 2025
Lisa Cook did not appear to refute the allegations of mortgage fraud, but she did argue that she is the first black woman to sit on the federal reserve’s board in its history.
“Governor Cook is the first Black woman to sit on the Federal Reserve’s Board in its 111-year history,” the lawyers wrote.
“This case challenges President Trump’s unprecedented and illegal attempt to remove Governor Cook from her position which, if allowed to occur, would the first of its kind in the Board’s history. It would subvert the Federal Reserve Act (“FRA”), which explicitly requires a showing of “cause” for a Governor’s removal, which an unsubstantiated allegation about private mortgage applications submitted by Governor Cook prior to her Senate confirmation is not,” Cook’s attorneys wrote in the complaint reviewed by The Gateway Pundit.
Lisa Cook’s attorneys argued that President Trump violated Cook’s Fifth Amendment due process rights.
They also cited Humphrey’s Executor and said the Supreme Court “unanimously upheld the constitutionality of such statutory protections for government officials serving on multi-member agencies.”
“In Humphrey’s Executor, the Court found that Congress has the authority to restrict presidential removals “depend[ing] upon the character of the office,”” they wrote.
Justice Clarence Thomas previously blasted the 1935 decision known as Humphrey’s Executor.
“Humphrey’s Executor poses a direct threat to our constitutional structure and, as a result, the liberty of the American people . . . Our tolerance of independent agencies in Humphrey’s Executor is an unfortunate example of the Court’s failure to apply the Constitution as written. That decision has paved the way for an ever-expanding encroachment on the power of the Executive, contrary to our constitutional design,” Justice Thomas wrote.
Update: Judge Cobb has set a 10 am hearing for tomorrow.
JUST IN: Judge COBB has set a 10am hearing for *tomorrow* on the emergency bid by Lisa Cook to remain in her job at the Fed. pic.twitter.com/nTzTy9llCF
— Kyle Cheney (@kyledcheney) August 28, 2025
The post Fired Federal Reserve Governor Lisa Cook Argues She’s the “First Black Woman to Sit on the Federal Reserve’s Board” – Lawsuit Assigned to Biden Judge, Hearing Set For Tomorrow appeared first on The Gateway Pundit.