- President Donald Trump attempted to fire Fed governor Lisa Cook last year. The Supreme Court is expected to rule imminently on her case.
- Cook incurred more than $1.3 million in legal and security expenses, a new ethics filing showed. Those expenses were reimbursed by outside parties.
- Cook's address was publicized in the aftermath of the president's allegation.
Federal Reserve governor
Lisa Cook incurred more than $1.3 million in legal and security expenses following President Donald Trump's attempt to fire her in August from the Fed's board, a new ethics filing revealed Thursday.
Outside organizations reimbursed Cook for those expenses, the filing shows.
The Supreme Court is expected to rule imminently on whether Trump has the power to fire Cook for the reasons he cited.
Trump tried to remove Cook from the Fed's board while alleging that she had committed mortgage fraud, based on claims made by
Bill Pulte, director of the Federal Housing Finance Agency.
Cook denies she did anything wrong and sued to block her firing. She has remained on the board pending the outcome of that lawsuit.
"A Supreme Court case is not cheap," a person familiar with Cook's situation said, speaking anonymously to describe sensitive financial matters.
Cook's address was publicized in the aftermath of the administration's accusations against her.
"Being relentlessly and publicly attacked by the president and Pulte required certain measures to be taken for her protection," the person said.
The Federal Reserve and an attorney for Cook each declined to comment.
Cook's annual financial disclosure filed with the Office of Government Ethics lists nearly $1.2 million in "payment for legal services" from the State Democracy Defenders Fund and Contina Impact, two nonprofit organizations.
Contina Impact also provided approximately $144,000 in funds for security services. Cook's form also mentions other smaller pro bono contributions to her legal and security expenses.
Cook's attorney, Norm Eisen, is a co-founder of Democracy Defenders Fund. The organization did not immediately respond to a request for comment.
Contina Impact's website describes it as providing fiscal sponsorship, a service that enables other entities that don't have legal nonprofit status to take tax-deductible donations. Contina Impact did not immediately respond to an email seeking comment that was sent through an accounting contact listed on its website.
Pulte is set to become the acting director of the Office of National Intelligence on Friday.
The ethics filing showed that Cook continued to own the homes at issue in Trump's allegations. They were each valued at less than $1 million.
Federal ethics regulations permit government officials to be reimbursed for expenses incurred in the course of their jobs.<small>Source: CNBC</small>
Business
Trump bid to fire Fed's Lisa Cook cost her more than $1M in legal, security costs: Filing
CNBC
June 18, 2026
2 views
Advertisement
How did this make you feel?
