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

FakeNoose
(38,628 posts)I'm on TEAM LISA!
riversedge
(77,764 posts)hit him HARD in his wallet--the only place that would really hurt him.
Response to riversedge (Reply #2)
Bernardo de La Paz This message was self-deleted by its author.
no_hypocrisy
(53,056 posts)Generally people assume youre fired for cause:
BumRushDaShow
(160,136 posts)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)Cooks lawyers said Trumps unsubstantiated allegation doesnt satisfy the legal standard to remove her from the Federal Reserve Board of Governors.
âNOT SO FASTâ¦..â
— NOT SO FAST, KIMOSABE!! (@smokedoyster.bsky.social) 2025-08-28T16:09:49.120Z
Lisa Cook files suit against Trumpâs âunprecedented and illegalâ bid to fire her from Fed.
www.msnbc.com/deadline-whi...
https://www.msnbc.com/deadline-white-house/deadline-legal-blog/lisa-cook-trump-firing-lawsuit-federal-governor-rcna227729
In the complaint filed Thursday in Washington, D.C., they cite the Federal Reserve Acts mandate that presidents can only remove board members for cause prior to the expiration of their term. Cooks 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 Cooks 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
tanyev
(47,774 posts)He is despicable.
LetMyPeopleVote
(169,765 posts)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)US District Judge Jia Cobb is a Biden appointee who recently ruled against Trump on deportations.
Link to tweet
https://www.politico.com/news/2025/08/28/federal-reserve-lawsuit-judge-jia-cobb-00533672
Cooks 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 Bidens first appointment to Washingtons district court, which has 15 full-time judges.
In a ruling earlier this month, Cobb blocked the Trump administrations 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.