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3w ago

Judge Delays Ruling in Lisa Cook’s Bid to Block Trump’s Fed Removal

The case tests presidential power over Federal Reserve governors with potential Supreme Court review.

La gouverneure de la banque centrale des Etats-Unis (Fed), Lisa Cook, le 25 juin 2025 à Washington
Lisa Cook (D) lors de sa prestation de serment comme gouverneure de la Réserve fédérale américaine, avec le président de la Fed, Jerome Powell (G), à Washington, le 23 mai 2022
Lisa DeNell Cook s’exprime lors d’une audience de confirmation de la Commission sénatoriale des banques, du logement et des affaires urbaines, au Capitole, à Washington D.C., le 3 février 2022.
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Overview

  • U.S. District Judge Jia Cobb declined to issue an immediate injunction and ordered new filings due Tuesday, leaving Lisa Cook’s status unresolved.
  • Cook’s lawsuit seeks immediate declaratory and injunctive relief and names President Trump, Chair Jerome Powell and other Fed governors to prevent any steps that would effectuate her removal.
  • Trump posted a letter saying he had removed Cook, citing alleged false statements on 2021 mortgage applications, while Cook has not been charged with a crime.
  • Cook’s attorneys argue that unproven, pre-confirmation allegations and lack of due process cannot justify removal, as the White House asserts the president has sufficient cause and will continue the effort.
  • The outcome could reshape protections for long Fed terms and central-bank independence; Cook’s term runs to January 2038 and a vacancy would allow Trump to nominate a replacement subject to Senate confirmation.