Fed Cook is reported to have sued Trump, but neither White House spokesman nor Cook responded

Odaily Planet Daily News According to market news, Fed governor Lisa Cook has filed a lawsuit to challenge President Donald Trump's attempt to fire her on the grounds of "he lied on a mortgage application", a lawsuit kicked off the historic dispute over the independence of the U.S. central bank. Cook filed the lawsuit Thursday in Washington federal court, court records show. The complete contents of the complaint have not been obtained yet. The lawsuit marks a further escalation of the growing conflict between the White House and the Federal Reserve. Despite Trump's repeated criticism of Powell, the Fed rejected Trump's request for a rate cut; in addition, the Fed chairman also rejected the president's order to resign. Previously, Trump had sent a letter to Cook and posted it on social media, saying that he would be removed from his post immediately given that she had "fraudulent in financial affairs and that the act could constitute a crime." Cook filed the lawsuit this time after the incident. At present, Cook has not been formally investigated or charged for any misconduct. A White House spokesman has not responded to a request for comment, and representatives from Cook's lawyers declined to comment. (Zhitong Finance)