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Supreme Court says Fed governor Lisa Cook can remain on board until January hearing
Youtube· 2025-10-01 15:46
Getting some breaking news on the case regarding Fed Governor Cook. Let's get to Aiman Jabers. Hey Aman Carl.That's right. The Supreme Court is saying it's going to have arguments in January of 2026 on this uh on this case involving Lisa Cook and the Federal Reserve. Remember the president's been trying to push her out with allegations of mortgage fraud.A lower court had ruled that she could stay on the uh Federal Reserve Board while the case was pending. uh the Trump administration filed asking for a stay ...
Powell declines to weigh in on Lisa Cook's high-stakes court fight with Trump
Fox Business· 2025-09-17 20:53
Federal Reserve Chairman Jerome Powell declined Wednesday to comment on the ongoing legal battle between Federal Reserve Governor Lisa Cook and the Trump administration over her role at the central bank. "I see it as a court case that it would be inappropriate for me to comment on," Powell said when asked at the conclusion of the two-day Federal Open Market Committee (FOMC) meeting. The Federal Reserve has previously acknowledged the potential legal feud and wrote in an Aug. 26 statement that the Fed will " ...
'This ruling is not the final word:' Trump appeals order blocking him from firing Fed governor Cook
Fox Business· 2025-09-10 18:51
President Donald Trump on Wednesday appealed a federal judge’s order blocking him from firing Federal Reserve Governor Lisa Cook, the latest twist in a high-stakes lawsuit that could be headed to the Supreme Court. The notice of the appeal to the U.S. Court of Appeals for the D.C. Circuit was brief. The administration's next steps could include seeking an emergency pause to Cobb's order while the lawsuit proceeds.In a statement to Fox News Digital, White House spokesperson Kush Desai defended Trump’s decisi ...