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Fed 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.
187 Articles
187 Articles
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?
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. 2…
A federal judge will assess whether to temporarily prevent US President from firing the governor. The case could reach the Supreme Court
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