MarketPR
Federal Reserve Governor Lisa Cook incurred more than $1 million in combined legal and security expenses following the Trump administration's attempt to remove her from the Fed board, according to a financial disclosure filing.
The costs, detailed in the filing, mark an unusual line item for a sitting central bank official and underscore the personal financial exposure that accompanied the institutional standoff.
What the Filing Shows Cook's financial disclosure quantifies the costs she bore as a direct result of the White House's bid to oust her.
The filing breaks the expenditures into legal fees and security costs, though the document does not specify the individual amounts attributable to each category. The combined figure exceeds $1 million.
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