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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums***Breaking *** Appeals Court Says Lisa Cook Can Stay On Fed Board
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LetMyPeopleVote
(169,987 posts)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
— Scott MacFarlane (@macfarlanenews.bsky.social) 2025-09-16T00:18:20.540Z
www.cbsnews.com/news/lisa-co...
https://www.cbsnews.com/news/lisa-cook-federal-reserve-ruling-trump-firing-appeals-court-fomc/
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.
spooky3
(37,897 posts)deminks
(11,440 posts)Another competent Black woman defeats Trump.
— Wajahat Ali (@wajali.bsky.social) 2025-09-16T00:55:05.266Z
www.nytimes.com/2025/09/15/u...
3Hotdogs
(14,571 posts)Cha
(314,461 posts)Hope it stays.
ShazzieB
(21,630 posts)I sure hope the Sinster Six haven't completely lost ALL of their marbles and will let this decision stand.
Of course, we know at least TWO of them are a lost cause.
Maru Kitteh
(30,664 posts)LetMyPeopleVote
(169,987 posts)newdeal2
(4,144 posts)Thats my guess anyway.
LetMyPeopleVote
(169,987 posts)trump wants a far greater rate cut
LetMyPeopleVote
(169,987 posts)Roberts has given Lisa Cook until Sept 25 to respond to trump's motion to lift stay on removing her from the Board of Governors of the Federal reserve
Link to tweet
Link to tweet
U.S. Supreme Court Chief Justice John Roberts has ordered Federal Reserve Governor Lisa Cook to respond by September 25 to President Donald Trump's request to remove her from office, marking the latest escalation in this political and judicial clash. Since Trump announced his intent to dismiss Cook in late August, the dispute has triggered multiple court battles, centering on the extent of presidential interference in the Fed's independence.
Lower courts and appeals panels have previously rejected Trump's emergency motions, citing insufficient 'for cause' grounds, such as unproven mortgage fraud allegations against Cook that do not relate to her performance in office. As the first African American woman on the Fed board, appointed by former President Joe Biden in 2022, Cook's role in rate decisions is pivotal, especially following the Fed's September rate cut.
UTUSN
(75,746 posts)BoRaGard
(7,586 posts)sit down and let the professionals do their jobs