Appeals court says Lisa Cook can remain Fed governor for now, rejecting Trump bid to remove her

[LetMyPeopleVote]

This ruling made me smile. This means that unless the SCOTUS can rule by tomorrow, Lisa Cook will be at the Federal Reserve Baord meeting tomorrow and Wednesday.

ALERT: Appeals court says Lisa Cook can remain Fed governor for now, rejecting Trump bid to remove her

www.cbsnews.com/news/lisa-co...

— Scott MacFarlane (@macfarlanenews.bsky.social) 2025-09-16T00:18:20.540Z

https://www.cbsnews.com/news/lisa-cook-federal-reserve-ruling-trump-firing-appeals-court-fomc/

Washington — A federal appeals court on Monday rejected a bid from President Trump's administration to allow the president to fire Lisa Cook from the Federal Reserve Board of Governors, leaving intact a lower court order that reinstated her to the post.

The U.S. Court of Appeals for the D.C. Circuit divided 2-1 in declining to grant the Trump administration emergency relief and clear the way for Mr. Trump to remove Cook from her position. The decision all but ensures Cook will remain a governor on the seven-member Fed board through a two-day meeting of its interest rate-setting committee, which Cook sits on and is set to begin Tuesday.

Mr. Trump moved to oust Cook from the Fed's Board of Governors last month over allegations of mortgage fraud. Cook denies any wrongdoing.

Judge Bradley Garcia wrote in a concurring opinion joined by Judge Michelle Childs that Cook is likely to succeed in arguing that Mr. Trump's attempt to remove her violated her due process rights. Judge Gregory Katsas dissented.

The Trump administration asked the D.C. Circuit for emergency relief after U.S. District Judge Jia Cobb ruled that Cook's firing likely violated the Federal Reserve Act and her due process rights.

[LetMyPeopleVote]

1. Appeals court allows Federal Reserve governor Lisa Cook to keep her job

The Trump administration wants to remove the board member of the powerful central bank before a key meeting Tuesday on setting interest rates.

Link to tweet

https://www.washingtonpost.com/politics/2025/09/15/lisa-cook-supreme-court-federal-reserve-firing/

A divided federal appeals court on Monday ruled Federal Reserve governor Lisa Cook can keep her job, turning aside an appeal by the Trump administration that sought to fire her ahead of the central bank’s key meeting this week on setting interest rates.

The Trump administration was expected to quickly appeal the decision to the Supreme Court.

Trump has accused Cook of mortgage fraud — a charge she denies — and has sought her dismissal.

But attorneys for Cook wrote in filings that trying to remove her so close to this week’s meeting could throw the central bank’s vote on interest rates into “chaos” and has the “real potential of impacting domestic and foreign markets.”

Cook’s attorneys added in a Saturday filing that allowing Trump’s firing would transform the Fed “from a historically independent institution into an at will body, leaving the nation’s central bank (and its monetary policy) at the mercy of the White House and its political whims."

[LetMyPeopleVote]

2. The Fed is meeting this morning. Lisa Cook is there.

Link to tweet