Trump admin asks court to let Lisa Cook's firing proceed before next Fed meeting
Youtube·2025-09-11 19:47
Core Points - The Trump administration is seeking to expedite the firing of Lisa Cook before the upcoming Federal Reserve meeting [2][4] - An emergency motion has been filed with the Court of Appeals for a stay pending appeal, indicating urgency in the matter [3] - The administration aims for a court ruling by September 15th to facilitate the firing before the Fed meeting [4] Implications for the Federal Reserve - The potential firing of Lisa Cook suggests a strategic move by the Trump administration to influence voting dynamics within the Federal Reserve [4][5] - The administration's actions indicate a lack of confidence that Cook would support a rate cut, which is a critical decision for the Fed [5]