The lawyer for Federal Reserve Governor Lisa Cook has denounced the latest attempt by U.S. President Donald Trump to remove her from office. This was reported by Qazaqyia.kz citing Reuters.
According to Reuters, Cook's lawyer characterized Trump's move as an unacceptable action. The lawyer's statement addressed pressure on the independence of the Federal Reserve System.
Lisa Cook serves as a member of the Federal Reserve Board of Governors. The Trump administration's attempt to remove her from office has raised concerns about the political independence of the U.S. central bank.
Reuters describes the situation as a continuation of tensions between the central bank's leadership and the presidential administration in the United States. The statement from Cook's lawyer was published as new information in this dispute.