BREAKING: Judge Cobb GRANTS Lisa Cook's motion for a temporary restraining order to block her removal

[In It to Win It]

BREAKING: Judge Cobb GRANTS Lisa Cook’s motion for a temporary restraining order to block her removal from the Board of Governors of the Federal Reserve

— Anna Bower (@annabower.bsky.social) 2025-09-10T01:51:58.295Z

(*Technically Judge Cobb granted a preliminary injunction, because she construed the TRO motion as a motion for a PI — but for non-lawyer followers, don’t worry about the distinction. The point is she blocked Cook’s removal for now.)

Link: www.courtlistener.com/docket/71218...

— Anna Bower (@annabower.bsky.social) 2025-09-10T01:58:17.678Z

[Cha]

1. Well that's Something.. may it

Extend into permanently.

[Bayard]

2. Good!

My understanding is that this was illegal anyway.

[no_hypocrisy]

3. Meaning that Lisa Cook can vote against lowering interest rates

next Wednesday.

[LetMyPeopleVote]

4. Deadline: Legal Blog-Judge blocks Trump's attempt to fire Lisa Cook from the Fed, but the president is appealing

The Federal Reserve board member sued over what she called Trump’s “unprecedented and illegal” attempt to remove her.

Judge blocks Trump’s attempt to fire Lisa Cook from Federal Reserve, but president can appeal...

www.msnbc.com/deadline-whi...

— The Fighting Liberal Texan🌈🌊💙🦋Congress Switchboard 202-224-3121 (@fightingliberal.bsky.social) 2025-09-10T15:33:02.755Z

https://www.msnbc.com/deadline-white-house/deadline-legal-blog/lisa-cook-restraining-order-trump-federal-reserve-rcna227970

A federal district judge’s ruling late Tuesday keeps Lisa Cook on the Federal Reserve board of governors for now. But it’s probably not the last word in the historic case, which is likely to come from the Supreme Court......

Cobb wrote that Cook had made a “strong showing” that Trump’s attempt to fire her violated federal law, which requires cause for removal. The judge reasoned that the “for cause” requirement in the Federal Reserve Act “does not contemplate removing an individual purely for conduct that occurred before they began in office.” She wrote that the “best reading of the ‘for cause’ provision is that the bases for removal of a member of the Board of Governors are limited to grounds concerning a Governor’s behavior in office and whether they have been faithfully and effectively executing their statutory duties.”

Cobb noted that the case involves “the first purported ‘for cause’ removal of a Board Governor in the Federal Reserve’s 111-year history” and that it “raises important matters of first impression,” meaning issues that haven’t been legally resolved by courts before.

Cook, who has not been officially charged with any fraud, argues that Trump’s claim of wrongdoing against her falls well short of the cause mandated by federal law to remove a board member prematurely. “Without emergency relief,” her lawyers wrote ahead of a hearing Cobb held before she ruled, the government is “now likely to allow an unexpired vacancy to occur for which President Trump has indicated he is ready to fill.”

Cook’s complaint underscores the stakes, noting that the Federal Reserve’s independence “is vital to its ability to make sound economic decisions, free from the political pressures of an election cycle” and warning that if "markets and the public believe that the central bank is making decisions based on political pressure rather than sound economic data, that confidence erodes.”

[Katnip.]

5. This is good news

It's so hard no to be pessimistic these days.

But I'll take this glimmer of good news.

Thanks OP.

[LetMyPeopleVote]

6. The DC Circuit sets an ultra-fast briefing schedule on the bid by Trump to fire Lisa Cook

There will be some briefs to read. The fact that Gov. Lisa Cook did not commit mortgage fraud will be discussed in these briefs

Link to tweet