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 firing attempt citing lack of proven misconduct; legal experts warn this unprecedented case may impact the Fed's independence.
- 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.
140 Articles
140 Articles
Lisa Cook and Trump's battle for control the US Fed
A "chaotic, incoherent trade war" was pretty much priced in when Donald Trump returned to the White House, said Robin Wigglesworth on FT Alphaville. What was unknown was whether he'd risk "financial-economic calamity" by launching an assault on the independence of the US Federal Reserve. Well, now we've got our answer. "In a stunning escalation" of his attacks on the central bank, the US president has fired one of its seven board governors, Lisa…
Trump’s legal battle after firing Fed governor
Fired Federal Reserve Board Governor Lisa Cook was in court today after suing to keep her job, following her firing by President Trump. Meanwhile, HHS Secretary Robert F. Kennedy, Jr. said he will restore ‘credibility’ to the CDC after the firing of the agency’s director. NBC News’ Gabe Gutierrez reports.
The Washington Hispanic
El EconomistaA U.S. court began this Friday to address the Federal Reserve Governor Lisa Cook’s challenge by President Donald Trump, a legal battle that will have important implications for the U.S. central bank and its independence. The session ended without a decision, and further arguments will be presented on Tuesday. At the first hearing of the case, a Washington judge considered Cook’s request for a temporary order declaring Trump’s attempt to remove h…
Coverage Details
Bias Distribution
- 45% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
