Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Latest Breaking News

Showing Original Post only (View all)

BumRushDaShow

(170,674 posts)
Thu Sep 18, 2025, 12:01 PM Sep 2025

Trump asks US Supreme Court to allow firing of Fed Governor Lisa Cook [View all]

Last edited Thu Sep 18, 2025, 01:46 PM - Edit history (1)

Source: msn/Reuters

11m


WASHINGTON (Reuters) -President Donald Trump's administration asked the U.S. Supreme Court on Thursday to let him move ahead with firing Federal Reserve Governor Lisa Cook - a move without precedent since the central bank's founding in 1913 - in a legal battle that imperils the Fed's independence.

The Justice Department asked the justices to lift U.S. District Judge Jia Cobb's September 9 order temporarily blocking the Republican president from removing Cook, an appointee of Democratic former President Joe Biden. Cobb ruled that Trump's claims that Cook committed mortgage fraud before taking office, which Cook denies, likely were not sufficient grounds for removal under the law that created the Fed.

"This application involves yet another case of improper judicial interference with the President's removal authority -here, interference with the President's authority to remove members of the Federal Reserve Board of Governors for cause," the Justice Department said in the filing.

Cook took part in the Fed's highly anticipated two-day meeting in Washington on Tuesday and Wednesday in which the central bank decided to cut interest rates by a quarter of a percentage point, as policymakers responded to concerns about weakness in the job market. Cook was among those voting in favor of the cut announced on Wednesday. The U.S. Court of Appeals for the District of Columbia Circuit in a 2-1 ruling on Monday denied the administration's request to put Cobb's order on hold. The Trump administration on Tuesday said it would ask the justices to intervene.

Read more: https://www.msn.com/en-us/politics/government/trump-asks-us-supreme-court-to-allow-firing-of-fed-governor-lisa-cook/ar-AA1MPw86



Link to FILING (PDF viewer) - https://t.co/B4zqq38jX4

Link to FILING (PDF) - https://s3.documentcloud.org/documents/26103308/cook-case-stay-app.pdf

( to LetMyPeopleVote for filing link)

Running off to "Daddy Roberts" for the blessing.
10 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Latest Discussions»Latest Breaking News»Trump asks US Supreme Cou...