Independence of the Federal Reserve

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White House responds to Supreme Court allowing Fed's Lisa Cook to keep job for now
Youtube· 2025-10-01 16:39
Yeah, Sarah, we're getting a reaction now from the White House to that Supreme Court decision to allow Lisa Cook to stay on the Federal Reserve Board. The White House says President Trump lawfully removed Lisa Cook for cause from the Federal Reserve Board of Governors. We look forward to ultimate victory after presenting our oral arguments before the Supreme Court in January.That's a statement from a White House spokesperson. Uh so, look, the the White House is asserting that they were right to do what they ...
Federal Court Temporarily Blocks Trump's Firing Of Fed Governor Lisa Cook
Forbes· 2025-09-10 05:30
ToplineA federal judge temporarily halted President Donald Trump’s bid to fire Federal Reserve governor Lisa Cook, allowing her to remain on the job while her legal challenge against the president’s effort to remove her over allegations of mortgage fraud moves forward.The ruling means Lisa Cook will likely be able to attend a key Fed meeting next week.Getty ImagesKey FactsIn her Tuesday night ruling, D.C. federal judge Jia Cobb said: “The Court finds that Cook has made a strong showing that her purported re ...