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News in English (USA) / 11.09.2025 / 03:00

Legal Challenges Surround Trump’s Attempt to Fire Federal Reserve Governor Lisa Cook

In a significant legal development, a federal judge has temporarily blocked former President Trump from firing Federal Reserve Governor Lisa Cook, asserting her right to remain in position while she contests the attempt. Trump’s administration has appealed this ruling, which was delivered in light of ongoing tensions between the president and the Fed. The decision comes as Cook prepares for an impending rate-setting meeting, highlighting the complex relationship between executive power and federal agency independence. Meanwhile, the Justice Department has opened a criminal investigation regarding claims of mortgage fraud against Cook, further complicating the scenario as allegations surface from individuals linked to Trump. Despite the legal turbulence, Cook maintains her position at the Federal Reserve for now, focusing on her responsibilities amid the unfolding political drama.
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