Trump Can’t Fire Fed's Lisa Cook for Now, US District Judge Says
Bloomberg Television·2025-09-10 05:49
What else do we know about this ruling. Well, it's really interesting to read the judge's opinion on why he decided to keep Lisa Cooke as a Federal Reserve governor while they consider the merits of the case. He said in his opinion that it's only Cook's conduct on the job that's grounds for removal.And given the alleged mortgage fraud actually took place a year before she was a sitting Fed governor, he's ruling essentially that Trump likely does not have cause for her dismissal. But this is a really importa ...