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Trump appeals order blocking him from firing Fed Governor Lisa Cook

  • A federal district judge ruled that Lisa Cook remains on the Federal Reserve board for now.
  • Trump argues he had cause to fire Cook due to mortgage fraud claims by his administration prior to her Senate confirmation.
  • U.S. District Judge Jia Cobb stated that Cook's case raises important legal issues regarding 'for cause' removal.
  • Cook argues that Trump's claims fall short of federal law's requirements to remove a board member, emphasizing the Federal Reserve's need for independence.
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Trump administration appeals ruling blocking him from firing Federal Reserve Gov. Cook

President Donald Trump's administration is appealing a ruling blocking him from immediately firing Federal Reserve Gov.

·United States
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  • 48% of the sources are Center
48% Center

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seznamzpravy.cz broke the news in on Wednesday, September 10, 2025.
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