The Last Word with Lawrence O’Donnell

Federal Reserve Gov. Lisa Cook to sue over Trump’s ‘illegal’ attempt to fire her

13 snips
Aug 27, 2025
Democratic Senator Amy Klobuchar brings her insights on the implications of Trump's threats to Federal Reserve Governor Lisa Cook. She discusses the risks to independent agencies and the potential repercussions for everyday Americans facing economic challenges. Congresswoman Amelia Sykes shares her perspective on gerrymandering and the socio-economic issues within Ohio's 13th district, emphasizing the urgency for reform in healthcare and housing. Together, they navigate the murky waters of political retribution and the critical role of journalism in conflict zones.
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INSIGHT

Trump's Unprecedented Move Against The Fed

  • Donald Trump attempted to remove Fed Governor Lisa Cook, claiming authority he does not legally have.
  • Lisa Cook vowed to sue and refuse resignation, framing the move as an illegal grab for power.
INSIGHT

Supreme Court Ruling Weakens Fed Protections

  • The Supreme Court's recent rulings created ambiguity allowing challenges to independent agencies.
  • The court's framing of the Fed as 'quasi-private' weakens traditional safeguards of Fed independence.
ADVICE

Watch Legal Challenges Closely

  • Legal pushback matters: Lisa Cook is filing suit to challenge Trump's action and protect agency independence.
  • Citizens and institutions should watch court outcomes because they will shape agency autonomy going forward.
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