09:29 AM EDT, 08/28/2025 (MT Newswires) -- Federal Reserve Governor Lisa Cook filed a lawsuit Thursday in federal court contesting President Donald Trump's attempt to oust her from the Board of Governors over allegations she lied on mortgage applications, Bloomberg reported, citing court records.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)