White House associate counsel Graziella Pastor on Tuesday defended President Donald Trump’s decision to remove Federal Reserve Governor Lisa Cook, telling Newsmax the president acted lawfully and had ample cause to question her integrity.
Appearing on “National Report,” Pastor said the Federal Reserve Act gives the president clear authority to remove a member of the Fed’s Board of Governors “for cause,” and Trump’s decision complied with that standard.
“Under the Federal Reserve Act, Congress gave the president the power to remove a governor on the Federal Reserve Board for cause. That’s all the statute says. And President Trump had cause to remove Lisa Cook,” Pastor said.
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