Trump admin asks court to let Lisa Cook's firing proceed before next Fed meeting

Federal Reserve Policy & Legal Challenges - The Trump administration is seeking court approval to proceed with the firing of Lisa Cook before the next Federal Reserve meeting [2] - The administration filed an emergency motion for a stay pending appeal, requesting the court to act by Monday, September 15th [3][4] - The timing suggests the administration may not trust Lisa Cook to vote for a rate cut [4] Potential Impact on Monetary Policy - The administration's action aims to influence the vote on the committee to ensure a rate cut [5] - The court's decision could significantly impact monetary policy if it intervenes before the Fed meeting [5] - Uncertainty remains whether the court will intervene, considering the timing and potential influence on policy [5]