US EditionFed Governor Lisa Cook sues Trump after he moves to fire her
- On August 28, 2025, Lisa Cook, a Federal Reserve Governor, initiated legal action disputing President Trump’s authority to remove her from her position.
- Trump announced on August 25 that he would fire Cook, accusing her of deceitful conduct and citing mortgage fraud allegations from 2021, though Cook denies any wrongdoing.
- Cook, appointed in 2022 by President Biden, claims the law permits removal of a Fed governor only for cause, setting up a rare legal battle over Fed independence.
- The market showed a slight rise in the 30-year Treasury yield after Trump’s announcement, though investors generally remain calm amid concerns over the potential politicization of the Fed.
- The legal dispute could redefine presidential control over the Fed, with observers noting that a court ruling in Cook’s favor would limit White House influence on monetary policy.
196 Articles
196 Articles
Firing the best and the brightest
The dismissals of trailblazing Black women leaders like Lisa Cook (left) and Carla Hayden (right), along with attacks on Black-led cities and officials, is revealing a deliberate effort to undermine excellence, representation and equity, sending a dangerous message that no achievement by Black Americans is safe.
Bannon’s WarRoom, Show Clip Roundup 29 August 25 [AM] - Stephen K Bannon's War Room
MIKE DAVIS: Lisa Cook, One Of The Seven Fed Governors, Got Caught Committing Mortgage Fraud. Three Times. She Claimed Investment Properties Were “Primary Residences” To Get Lower Rates Steve Bannon and Mike Davis discussed the scandal surrounding Federal Reserve Governor Lisa Cook, who is accused of multiple instances of mortgage fraud—falsely claiming investment properties as primary residences to secure lower rates. Davis argued that this is a…
der Standard AT
der Standard DEThe first black woman in this position sues her dismissal from the president – with good chances of success
Trump live updates: Judge hears Fed Gov. Lisa Cook’s case after she sued to block firing
Stay up-to-date with The Post’s live coverage of the Trump administration Friday, as the president revokes ex-Vice President Kamala Harris' Secret Service detail, and a judge hears Federal Reserve Gov. Lisa Cook's case to block her firing.
Ex-Fed Governor Lisa Cook complains of her dismissal by Donald Trump and, in addition to the president, also mentions head of the bank Jerome Powell as a defendant. What are the consequences of the power struggle?
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