US EditionHearing in Fed Governor Lisa Cook’s challenge to firing ends without a ruling after two hours of arguments
Federal Reserve Governor Lisa Cook challenges President Trump's unprecedented firing attempt, citing political motives and legal protections under the Federal Reserve Act.
- A hearing was held regarding the firing of Federal Reserve governor Lisa Cook by President Trump, but no ruling was made after two hours of arguments.
- Trump cited alleged false statements by Cook on her mortgage as reason for firing her, but Cook's lawyers argued the president lacked valid cause.
- The case's outcome could impact the Federal Reserve's independence, with Cook's win limiting the president's ability to remove officials and her loss allowing the opposite.
149 Articles
149 Articles
Lisa Cook standing up for the Federal Reserve is a ploy to turn a blind eye from her mortgage scandal
Fed Governor Lisa Cook is standing up to Donald Trump, suing to keep her job because she says the president is trumping up a scandal and she’s fighting for Fed independence.
The Media Jumps to Defend Trump-Fired Bureaucrats
It’s probably safe to say that unless they were a serious Washington insider, most Americans had never heard the names of Center for Disease Control Director Susan Monarez and Federal Reserve Governor Lisa Cook. Until, that is, now.
Robert Holzmann, Governor of the Austrian Central Bank, describes the dismissal of Fed Governor Lisa Cook as "very dangerous". He fears consequences that extend far beyond the United States.
What’s next in the legal fight between Fed governor Lisa Cook and President Trump
Federal Reserve governor Lisa Cook and the Trump administration had their day in court Friday — but all parties will have to wait longer for a ruling in a case that could have serious implications for the central bank’s independence. Article Attribution | Read More at Article Source The post What’s next in the legal fight between Fed governor Lisa Cook and President Trump appeared first on RocketNews.
'Ugly tradition': Paul Krugman drops bombshell concern of being targeted in bogus Trump probe
President Donald Trump is not only trying to remove Lisa Cook as a U.S. Federal Reserve governor — he also wants her investigated for mortgage fraud allegations, although she hasn't been charged with anything.Liberal economist and former New York Times columnist Paul Krugman discussed Trump's campaign against Cook during a Saturday, August 30 appearance on MSNBC. Krugman warned that a range of Trump economic policies — from steep new tariffs to …
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