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BumRushDaShow

(160,136 posts)
Thu Aug 28, 2025, 09:40 AM Aug 28

Federal Reserve governor Lisa Cook sues over Trump's bid to fire her

Source: The Guardian

Thu 28 Aug 2025 09.33 EDT


Federal Reserve governor Lisa Cook has filed a lawsuit claiming Donald Trump has no authority to fire her.

The lawsuit - filed by Cook in federal court in Washington on Thursday - sets the stage for a legal battle over the US president's extraordinary bid for greater control of the central bank. The complaint was not immediately available.

Trump tried to dismiss Cook on Monday, announcing that he was removing her from her position on the Fed's board of governors "effective immediately" over an unconfirmed allegation from one of his allies that she had obtained a mortgage on a second home she incorrectly described as her primary residence.

But Cook stood her ground, arguing Trump had "no authority" to fire her. "I will continue to carry out my duties to help the American economy," she said. Her attorney indicated she would file a lawsuit.

Read more: https://www.theguardian.com/business/2025/aug/28/fed-governor-lisa-cook-sues-trump



Link to SUIT (PDF) - https://storage.courtlistener.com/recap/gov.uscourts.dcd.284270/gov.uscourts.dcd.284270.1.0_17.pdf


REFERENCES

https://www.democraticunderground.com/10143515893
https://www.democraticunderground.com/10143516087
https://www.democraticunderground.com/10143518609
https://www.democraticunderground.com/10143518614
https://www.democraticunderground.com/10143518782
https://www.democraticunderground.com/10143518792
https://www.democraticunderground.com/10143518920
https://www.democraticunderground.com/10143519012
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riversedge

(77,764 posts)
2. It would be ideal if every Fed person who was fired by Trump would--or could sue him personally and
Thu Aug 28, 2025, 09:44 AM
Aug 28

hit him HARD in his wallet--the only place that would really hurt him.

Response to riversedge (Reply #2)

BumRushDaShow

(160,136 posts)
4. They are trying to "manufacture a 'cause'"
Thu Aug 28, 2025, 10:10 AM
Aug 28

It's a tactic that actually reveals that someone somewhere has a microscopic piece of a brain cell enough to realize the illegality of firing people "without cause" (which is what they did to many of the other members of termed Boards), let alone what was done to tens of thousands of federal workers who were "on probation", but with satisfactory performance appraisals, or those with that designation and who were not a "new" employee, but one serving in a new position/role (like being promoted to supervisor, etc).

LetMyPeopleVote

(169,765 posts)
6. Deadline: Legal Blog--Lisa Cook files suit against Trump's 'unprecedented and illegal' bid to fire her from Fed
Thu Aug 28, 2025, 12:43 PM
Aug 28

Cook’s lawyers said Trump’s “unsubstantiated allegation” doesn’t satisfy the legal standard to remove her from the Federal Reserve Board of Governors.

“NOT SO FAST…..”
Lisa Cook files suit against Trump’s ‘unprecedented and illegal’ bid to fire her from Fed.
www.msnbc.com/deadline-whi...

NOT SO FAST, KIMOSABE!! (@smokedoyster.bsky.social) 2025-08-28T16:09:49.120Z

https://www.msnbc.com/deadline-white-house/deadline-legal-blog/lisa-cook-trump-firing-lawsuit-federal-governor-rcna227729

Lisa Cook has filed her lawsuit against President Donald Trump’s attempt to remove her from the Federal Reserve Board of Governors. In her federal court complaint, Cook’s lawyers called Trump’s move “unprecedented and illegal,” arguing that his “unsubstantiated allegation” of mortgage fraud doesn’t meet the legal requirement of showing cause to remove her.

In the complaint filed Thursday in Washington, D.C., they cite the Federal Reserve Act’s mandate that presidents can only remove board members “for cause” prior to the expiration of their term. Cook’s term expires in 2038. She was nominated by then-President Joe Biden......

Her complaint highlights the significance of how that test is resolved. “The operational independence of the Federal Reserve is vital to its ability to make sound economic decisions, free from the political pressures of an election cycle,” her lawyers wrote, warning that “f markets and the public believe that the central bank is making decisions based on political pressure rather than sound economic data, that confidence erodes.”

The next step in Cook’s case could come quickly. Her lawyers moved for a temporary restraining order and requested an emergency hearing. “Without emergency relief,” they wrote, “[federal government] Defendants are now likely to allow an unexpired vacancy to occur for which President Trump has indicated he is ready to fill.”


Here is a link to the complaint https://storage.courtlistener.com/recap/gov.uscourts.dcd.284270/gov.uscourts.dcd.284270.1.0_17.pdf

LetMyPeopleVote

(169,765 posts)
7. Judge COBB has set a 10am hearing for *tomorrow* on the emergency bid by Lisa Cook to remain in her job at the Fed.
Thu Aug 28, 2025, 12:45 PM
Aug 28

JUST IN: Judge COBB has set a 10am hearing for *tomorrow* on the emergency bid by Lisa Cook to remain in her job at the Fed.

Kyle Cheney (@kyledcheney.bsky.social) 2025-08-28T16:27:49.514Z

LetMyPeopleVote

(169,765 posts)
9. Judge who will weigh Trump's move against Fed has tangled with his policies before
Thu Aug 28, 2025, 04:06 PM
Aug 28

US District Judge Jia Cobb is a Biden appointee who recently ruled against Trump on deportations.



https://www.politico.com/news/2025/08/28/federal-reserve-lawsuit-judge-jia-cobb-00533672

The judge who will immediately weigh President Donald Trump’s effort to fire Federal Reserve Board member Lisa Cook has already pushed back against one of his other signature efforts to expand presidential power: mass deportation.

Cook’s lawsuit Thursday was randomly assigned to U.S. District Judge Jia Cobb, who was appointed to the federal bench in Washington, D.C., by Joe Biden in 2021. Cobb, a former public defender, was Biden’s first appointment to Washington’s district court, which has 15 full-time judges.

In a ruling earlier this month, Cobb blocked the Trump administration’s attempt to rapidly deport hundreds of thousands of immigrants who had fled violence or oppression in their home countries. The immigrants had previously been permitted to enter or remain temporarily in the U.S. under a program known as parole.

“Will they be summarily removed from a country that — as they are swept up at checkpoints and outside courtrooms, often by plainclothes officers without explanation or charges — may look to them more and more like the countries from which they tried to escape?” Cobb wrote in an 84-page decision against the deportation effort.....

Cobb, 45, is a graduate of Northwestern University and Harvard Law School. After working at the D.C. Public Defender Service early in her career, she joined a Washington-area firm that primarily handles employment-related litigation.
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