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BumRushDaShow

(160,177 posts)
Mon Sep 15, 2025, 05:58 AM Monday

Trump administration moves forward with push to fire Fed governor Lisa Cook [View all]

Source: CNN Business

Updated Sep 14, 2025, 5:59 PM ET
PUBLISHED Sep 14, 2025, 4:50 PM ET


The Trump administration on Sunday renewed its request to a federal appeals court to fire Lisa Cook, a Federal Reserve governor who has faced political scrutiny in recent weeks.

The move comes ahead of the independent central bank’s vote on interest rates this week. President Donald Trump has repeatedly called for the Fed to slash interest rates while publicly targeting Fed chair Jerome Powell. The Trump administration filed its request to the US Court of Appeals for the District of Columbia ahead of Sunday’s 3 p.m. ET deadline.

The Trump administration called Cook’s claims to stay on the board “meritless,” adding that concerns over whether Cook misrepresented her finances pose concerns as to “whether Cook can be trusted to act with forthrightness, care, and disinterest in managing the U.S. money supply.”

Lowell & Associates, which is representing Cook, did not respond to CNN’s request for comment

Read more: https://www.cnn.com/2025/09/14/business/trump-lisa-cook-fed-appeal

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