Trump v. Cook · ¶21

Three days after that, President Trump purported to fire Cook for cause. In a letter to Cook, he stated that he had “reason to believe” that she “may have made false statements on one or more mortgage agreements.” ECF Doc. 1– 4, p. 2. “The American people must be able to have full confidence in the honesty of the members entrusted with setting policy and overseeing the Federal Reserve,” he explained. Ibid. But he lacked “such confidence in [Cook’s] integrity,” he continued, “[i]n light of [her] deceitful and potentially criminal conduct,” which “[a]t a minimum” exhibited “gross negligence.” Ibid. He thus determined that “faithfully executing the law requires [Cook’s] immediate removal from office.” Id., at 3.

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