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Federal Reserve governor Lisa Cook sues over Trump’s bid to fire her

US president spent months waging campaign against Fed’s leaders which has raised questions over its independence

Federal Reserve governor Lisa Cook has filed a lawsuit claiming Donald Trump has no authority to fire her.

The lawsuit – filed by Cook in federal court in Washington on Thursday – sets the stage for a legal battle over the US president’s extraordinary bid for greater control of the central bank. The complaint was not immediately available.

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