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11h ago

Waters Calls for 25th Amendment After Trump Removes Fed Governor Lisa Cook

Cook has sued to block her removal, setting up a court fight over presidential authority.

Ranking Member Maxine Waters (D-CA) questions Treasury Secretary Scott Bessent as he appears before the House Financial Services Committee on May 7, 2025 in Washington, DC.
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Overview

  • Speaking on MSNBC on Friday, Rep. Maxine Waters said the Cabinet should invoke the 25th Amendment to assess the president’s fitness, arguing the move against Lisa Cook threatens the economy.
  • President Trump removed Federal Reserve Governor Lisa Cook on Monday, alleging she misrepresented mortgage information.
  • Cook filed suit on Thursday contending the legal standard for removal was not met and requested a restraining order to remain on the Board of Governors.
  • Coverage described the case as likely to reach the Supreme Court, framing a broader clash over central bank independence.
  • No Cabinet action to invoke the 25th Amendment has occurred, as Democrats and commentators warn Trump seeks greater sway over interest rates and Fed governance.