Particle.news
Download on the App Store
83 ARTICLES
·
2mo ago

Judge Delays Ruling, Fast-Tracks Fight Over Trump’s Attempt to Oust Fed Governor Lisa Cook

Judge Jia Cobb asked for supplemental briefs to clarify whether “for cause” removal covers alleged misconduct from before Cook took office.

Lisa Cook testifies before a Senate Banking Committee hearing on her nomination to be a member of the Federal Reserve Board of Governors (for a second term), on Capitol Hill in Washington on June 21, 2023.
Image
Federal Reserve Board of Governors member Lisa Cook listens during an open meeting of the Board of Governors at the Federal Reserve in Washington, DC, on June 25, 2025.
Image

Overview

  • After a two-hour hearing, the court issued no immediate decision and set an expedited schedule, directing Cook’s lawyers to file a supplemental brief by Tuesday.
  • In its filing, the Justice Department urged courts to be highly deferential to the president’s determination and faulted Cook for offering no explanation for the alleged conduct.
  • FHFA Director Bill Pulte publicly added a new allegation involving a Cambridge, Massachusetts, condo, though Cook has not been charged and her attorney dismissed the claims as an unsubstantiated smear.
  • The Federal Reserve told the court it will follow any order and, as of now, continues to list Cook as an active governor on its website.
  • The dispute tests the scope of “for cause” protections, could quickly move through appeals to the Supreme Court, and, if Cook is removed, may give Trump a path to a 4–3 majority on the Board.