Federal Reserve Governor Lisa Cook revealed Thursday that she has spent close to $1.2 million on legal services as she battles President Donald Trump’s attempt to remove her from office. Trump has sought to fire Cook based on mortgage fraud allegations, which she says are false.
According to an updated annual financial disclosure filed with the U.S. Office of Government Ethics, the payments were split between two organizations — $696,346 went to the State Democracy Defenders Fund, while $477,951 was paid to Contina Impact.
The case has now reached the nation’s highest court, with the Supreme Court expected to issue a ruling before the end of June. Legal observers say the outcome could be critical to preserving the Federal Reserve’s ability to set monetary policy without political interference.
