The Trump administration submitted new arguments seeking court support to remove Federal Reserve Board member Cook

ChainCatcher news, according to Jinshi Data reports, the U.S. Department of Justice has presented new arguments regarding why President Trump should be allowed to dismiss Federal Reserve Board member Lisa Cook, claiming that her statements about the "excuse for interest rate cuts" are baseless. Cook has been accused of mortgage fraud and is currently challenging the dismissal decision.

On Thursday, U.S. government lawyers urged the judge once again to dismiss Cook's request to prohibit her dismissal during the litigation, reinforcing the arguments made at last week's hearing. Hours before this legal filing, reports emerged that the Department of Justice has launched a criminal investigation into Cook. The U.S. government argues that the fraud allegations first raised by Federal Housing Finance Agency Director Mark Calabria constitute sufficient "grounds" under U.S. law for Trump to fire her.

In Thursday's filing, the Department of Justice emphasized that the judge should not "question" Trump's judgment regarding the grounds for dismissal and reiterated that her alleged dismissal was merely an excuse to control the Federal Reserve and cut interest rates. "Her only 'evidence' is that the president has criticized the Federal Reserve's policies," the document states, "but mere policy disagreements do not mean the president dismissed Cook for that reason."