Breaking News

Federal judge allows Lisa Cook to continue in role as Fed governor, for now

A federal judge ban on Tuesday Donald Trump From the shooting of the Federal Reserve Governor Lisa Cook, which allowed her to continue her current role, at the present time, even with the expected that the administration’s lawyers would appeal a decision on a court immediately a higher court for review.

American boycott judge, Jia Cope, a Biden The appointed in Washington, DC, said on Tuesday that it will transfer Cook’s request to an initial judicial order, which has the same effect, but it will continue through the entire case until a decision is made, pending any resumption from the government.

The judge said that Cook showed “an irreplaceable damage” at the time away from the federal reserve because it is one of the leaders in monetary policy, adding that she “lost the ability to fulfill a high -level role, which has the right.”

The decision, which follows the criminal investigation of the Ministry of Justice in cooking due to the allegations of fraud on the mortgage request, is the latest revelation in a high lawsuit. supreme court. The investigation can increase the complexity of the Battle of Cook in order to remain in its role in the Federal Reserve, the Central Banking Committee in charge of directing monetary policy in the country.

The Ministry of Justice opens the criminal investigation of Lisa Cook at the Federal Reserve

A picture side by side by President Donald Trump and the ruler of the Federal Reserve, Lisa Cook. (Chip Somodeville/Al Drao/Getty Images/Getty Images)

After a hearing that lasted for more than two hours on August 29, Cope indicated that it would move quickly in the case – specifically whether Trump is acting illegally in seeking to launch cooking due to allegations of fraud on the mortgage.

Cook Lawyers, Doj Trade Bows At High-Stakes Clash on Federal Reserve

However, it also admitted the complications inherent in the case and asked the novel that Cook’s lawyers and its lawyers would struggle for the Ministry of Justice for the first time in court.

Last week, a cup was given a request from Cook lawyers looking for an additional time to submit their official request for a temporary restriction (TRO).

TRO is a short -term matter, which is tight in emergency situations designed to maintain the current situation so that a full hearing can be held. In clear terms, Cook asked the court to stop the shooting and keep it in office so that a full legal hearing can determine whether Trump’s removal is legal.

Lisa Cook, a member of the US Federal Reserve Council at a meeting

Lisa Cook, a member of the US Federal Reserve Governor Council, attends a meeting at the Federal Reserve Building in Washington, DC, on June 25, 2025. (Saul Loeb/AFP/Getty Images/Getty Images)

Trump Kok overthrew August 25, prompting him to sue him in the Federal Court three days later. The names of its law Jerome Powell.

Cook’s lawsuit argues that Trump’s move to launch it illegal and undermine the independence of the federal reserve. The lawsuit was It was presented in the Federal Court On August 28, he does not address allegations that Cook has included many houses as a preliminary residence in mortgage files.

The three household loans at the Trump Center are fighting on the Federal Reserve seat

These allegations arose with Bill Bouti, one of Trump’s numbers at the Federal Agency organizing Fanny and Faridy Mac.

Pulte Cook has been linked to three real estate in Michigan, Georgia and Massachusetts, which prompted the audit on whether Cook has been offended how homes will be used.

Photo, photographing the wedding of the Google Map of the Four Seasons Hotel and residential units in Atlanta, Georgia and a home in Ann Arbur, Michigan, both of which are linked to the Federal Reserve Governor Lisa Cook.

Offer the Google Map for the Four Seasons Hotel and residential units in Atlanta, Georgia and a home in Ann Arbur, Michigan, both are linked to the Federal Reserve Governor Lisa Cook. (Google / Getty Images / Google Maps)

Meanwhile, it is not clear whether Cook had tried to enter the federal headquarters of fog since Trump issued a termination letter.

the Federal Reserve She refused to say if she had tried to work from her office, work remotely, or keep the email and other resources she needs for her position.

Trump says he is “always” ready to fight legal

Her rise represents a historical history first, as she became the first black woman working as a ruler in the Federal Reserve Council, known as the Federal Reserve.

Federal Reserve Chairman Jerome Powell divides in Lisa Cook to the Federal Reserve.

Federal Reserve Chairman Jerome Powell is divided into Lisa Cook as a member of the Federal Reserve Governors Council in May 2022. (American Federal Reserve / Fox News)

Now, its potential removal from that same painting can put another historical history first.

Click here to get Fox Business on

Before Cook presented her innovation, a spokeswoman for the Federal Reserve Acknowledged a potential legal dispute and wrote in a statement on August 26 that the Federal Reserve “will” adhere to any decision of the court. ”

This is a developing story. Please check again for updates.

2025-09-10 02:42:00

Related Articles

Back to top button