Srilanka, Aug. 31 -- Federal Reserve governor Lisa Cook has sued President Donald Trump over his attempt to fire her, setting up a potential legal battle with implications for the US central bank's autonomy.

Cook has asked the court to declare Trump's firing order "unlawful and void", and also named Fed Chairman Jerome Powell as defendant. Trump has said there was "sufficient reason" to believe Cook had made false statements on her mortgage, and cited constitutional powers which he said allowed him to remove her.

Published by HT Digital Content Services with permission from Sunday Observer (Sri Lanka)....