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		<title>Federal judge temporarily blocks Trump&#8217;s attempt to fire Federal Reserve Governor Lisa Cook</title>
		<link>https://eznews.xyz/world-news/federal-judge-temporarily-blocks-trumps-attempt-to-fire-federal-reserve-governor-lisa-cook/</link>
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		<pubDate>Wed, 10 Sep 2025 03:19:14 +0000</pubDate>
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		<guid isPermaLink="false">https://eznews.xyz/world-news/federal-judge-temporarily-blocks-trumps-attempt-to-fire-federal-reserve-governor-lisa-cook/</guid>

					<description><![CDATA[A federal judge has blocked President Donald Trump&#8217;s attempt to fire Federal Reserve Governor Lisa Cook. U.S. District Judge Jia Cobb issued a preliminary injunction requiring the Federal Reserve to let Cook continue serving in her role as a governor of the Federal Reserve System as her lawsuit moves through the courts. Cobb&#8217;s decision comes [&#8230;]]]></description>
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<p class="EkqkG IGXmU nlgHS yuUao MvWXB TjIXL aGjvy ebVHC ">A federal judge has blocked President Donald Trump&#8217;s <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://abcnews.go.com/Politics/trump-firing-fed-reserve-board-governor-lisa-cook/story?id=124971912" target="_blank">attempt to fire</a> Federal Reserve Governor <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://abcnews.go.com/US/list-individuals-including-lisa-cook-targeted-trump-administration/story?id=124968309" target="_blank">Lisa Cook</a>.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">U.S. District Judge Jia Cobb issued a preliminary injunction requiring the Federal Reserve to let Cook continue serving in her role as a governor of the Federal Reserve System as her lawsuit moves through the courts.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Cobb&#8217;s decision comes one week ahead of the Federal Reserve&#8217;s next meeting, which is scheduled to begin on Sept. 16.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">While the Trump administration asked the judge to delay her decision to allow an appeal, she denied their request, in part, because the public interest favors Cook staying in her role.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">&#8220;Cook is one of seven members of a Board that is, by design, not intended to be susceptible to policy pressure, let alone tasked with implementing the President&#8217;s agenda,&#8221; Cobb wrote.</p>
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<div class="FvQLF iLTd NqeUA UzzHi iWsMV "><picture <picture="" data-testid="prism-picture" class="lazyload"><source media="(max-width: 414px)" data-srcset="https://i.abcnewsfe.com/a/e90f9f3f-1c55-40c5-b2f8-dbe764f01d80/lisa-cook-3-ap-gmh-250828_1756387726416_hpMain.jpg?w=375, https://i.abcnewsfe.com/a/e90f9f3f-1c55-40c5-b2f8-dbe764f01d80/lisa-cook-3-ap-gmh-250828_1756387726416_hpMain.jpg?w=750 2x"><source media="(min-width: 415px)" data-srcset="https://i.abcnewsfe.com/a/e90f9f3f-1c55-40c5-b2f8-dbe764f01d80/lisa-cook-3-ap-gmh-250828_1756387726416_hpMain.jpg?w=750, https://i.abcnewsfe.com/a/e90f9f3f-1c55-40c5-b2f8-dbe764f01d80/lisa-cook-3-ap-gmh-250828_1756387726416_hpMain.jpg?w=1500 2x"></picture></div>
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<div class="nMMea bNYiy Mjgpa dGwha DDmxa jgKNG RGHCC aBIU PriDW lZur " data-testid="prism-caption">
<p><span class="hsDdd OOSI GpQCA lZur VlFaz " data-testid="prism-truncate"><span><span class="gtOSm FbbUW tUtYa vOCwz EQwFq yCufu eEak Qmvg nyTIa SRXVc vzLa jgBfc WXDas CiUCW kqbG zrdEG txGfn ygKVe BbezD UOtxr CVfpq xijV soGRS XgdC sEIlf daWqJ ">Federal Reserve Chairman Jerome Powell, left, talks with Board of Governors member Lisa Cook, right, during an open meeting of the Board of Governors at the Federal Reserve, June 25, 2025, in Washington.</span></span></span></p>
<p><span class="gtOSm FbbUW tUtYa vOCwz EQwFq yCufu eEak Qmvg nyTIa SRXVc vzLa jgBfc WXDas CiUCW kqbG zrdEG txGfn ygKVe BbezD UOtxr CVfpq xijV soGRS XgdC sEIlf daWqJ YNujN JGtjI aZFDu rkKLh ">Mark Schiefelbein/AP</span></p>
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<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Cobb concluded that Trump&#8217;s attempted firing of Cook likely violated the Federal Reserve Act, which limits the basis for firing a Governor to their behavior in office, and ran afoul of Cook&#8217;s due process rights.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">&#8220;President Trump has not stated a legally permissible cause for Cook&#8217;s removal,&#8221; Cobb wrote.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">She added that Cook demonstrated that her removal would cause irreparable harm, writing that the independence of the Federal Reserve is &#8220;critical in helping the nation&#8217;s &#8216;banking system to promote stability.'&#8221;</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Cobb also criticized the Trump administration for advancing an &#8220;absurd&#8221; argument about the scope of the president&#8217;s power, which they argued allowed Trump to not only remove Cook but also barred a court from reviewing his action.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Cook&#8217;s attorney applauded the Tuesday evening ruling, saying it &#8220;recognizes and reaffirms the importance of safeguarding the independence of the Federal Reserve from illegal political interference.&#8221;</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">The statement added that Cook will &#8220;continue to carry out her sworn duties as a Senate-confirmed Board Governor.&#8221;</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Last month, Trump called on Cook to resign on the same day that Bill Pulte, the director of the Federal Housing Finance Agency, posted on X part of an Aug. 15 letter sent to U.S. Attorney General Pam Bondi accusing Cook of falsifying bank documents and property records to acquire more favorable loan terms, &#8220;potentially committing mortgage fraud,&#8221; the letter stated.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">In a statement provided to ABC News at the time, Cook said she learned from the media about Pulte&#8217;s letter seeking a criminal referral over the mortgage application, which predated her time with the Federal Reserve.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">&#8220;I have no intention of being bullied to step down from my position because of some questions raised in a tweet,&#8221; Cook said in the statement last week. &#8220;I do intend to take any questions about my financial history seriously as a member of the Federal Reserve and so I am gathering the accurate information to answer any legitimate questions and provide the facts.&#8221;</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Cook was nominated to serve on the board of governors in 2022 by former President Joe Biden. Her term runs until January 2038. Cook is the first Black woman in history to serve on the Federal Reserve Board of Governors.</p>
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