...The tack in the backside of the Democratic Party...'s firing of Federal Reserve governor Lisa Cook for now.
The ruling means Cook will remain on the board of the central bank until her case is heard at length. She is allowed to continue carrying out her work during that time.
In granting the order, U.S. District Judge Jia Cobb said that "the Court will enter an injunction directing [Fed Chair Jerome] Powell and the Board of Governors to allow Cook to continue to operate as a member of the Board for the pendency of this litigation."
"The public interest in Federal Reserve independence weighs in favor of Cook's reinstatement," Cobb wrote. "That independence is critical in helping the nation's 'banking system to promote stability.'"
Wait ! The US District Judge that fired Federal Reserve Board Member Lisa Cook's lawsuit was referred to, Judge Jia Cobb IS COOK's SORORITY SISTER in Delta Sigma Theta Sorority - Cobb must be RECUSED pic.twitter.com/HMBju4tjKv
— Roger Stone (@RogerJStoneJr) August 29, 2025
Lawyers for Cook argued in federal court in Washington that Trump's attempt to fire her for ''mortgage fraud'' was illegal and lacked ''cause,'' which is the only reason a Fed governor can be removed. ''Cause'' is commonly understood to be some kind of wrongdoing.
If Cobb's ruling remains in effect, Cook would be able to participate in the Fed's highly anticipated two-day meeting that starts Sept. 16, when the central bank is likely to lower interest rates.
However,
a woman is only as old as she admits...
Trump's Justice Department on Wednesday afternoon appealed Cobb's ruling. It's unclear how quickly that appeal would be heard.
Related:
Lisa Cook 08/31/2025 Clarice Feldman: The Imperial Judiciary
Lisa Cook 08/29/2025 President Trump orders US Marshals to remove Defiant Fed Governor Lisa Cook after she refuses to step down!
Lisa Cook 08/28/2025 CDC Director Susan Monarez refuses to be fired as other officials call it quits
Lisa Cook 08/31/2025 Clarice Feldman: The Imperial Judiciary
Lisa Cook 08/29/2025 President Trump orders US Marshals to remove Defiant Fed Governor Lisa Cook after she refuses to step down!
Lisa Cook 08/28/2025 CDC Director Susan Monarez refuses to be fired as other officials call it quits
Related:
Federal Reserve: 2025-08-31 Clarice Feldman: The Imperial Judiciary
Federal Reserve: 2025-08-27 Trump says he's ‘always' ready for legal fight as ousted Fed governor Lisa Cook plans lawsuit
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Federal Reserve: 2025-08-31 Clarice Feldman: The Imperial Judiciary
Federal Reserve: 2025-08-27 Trump says he's ‘always' ready for legal fight as ousted Fed governor Lisa Cook plans lawsuit
Federal Reserve: 2025-08-27 Jackson Hole's Parting Advice: Accept Even More Migrants To Offset Demographic Collapse, Or Else