Now We Know Why RFK Jr. Wanted to Fire This CDC Director
Stunningly, the lawsuit also names Federal Reserve Chair Jerome Powell and the Board of Governors as defendants.
Trump on Monday fired Cook over (seemingly vengeance-driven) accusations of mortgage fraud. The lawsuit, however, says the allegations are “pretextual, in order to effectuate her prompt removal and vacate a seat for President Trump to fill and forward his agenda to undermine the independence of the Federal Reserve.”
Cause, under the Federal Reserve Act, means “inefficiency, neglect of duty, or malfeasance in office.” But even if Trump’s authority to remove a Fed board member goes beyond that, Cook’s lawyers state, he is not allowed to “unilaterally redefine ‘cause’—completely unmoored to caselaw, history, and tradition—and conclude, without evidence, that he has found it.”