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Fed's Lisa Cook Seeks Court Order Blocking Her Firing by Trump; 20 Years Since Hurricane Katrina Pounded Gulf Coast

Federal Reserve Governor Lisa Cook has requested an emergency injunction to block President Donald Trump's attempt to fire her over allegations that she committed mortgage fraud. A federal judge in Washington will hear Cook's bid today.

It's been 20 years since Hurricane Katrina ripped through the Gulf Coast, claiming 1,500 lives in four states and causing more than $115 billion in damage. The hurricane made a direct hit on New Orleans on Aug. 29, 2005. Katrina's destruction ranks among the costliest natural disasters in U.S. history.

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