Trump Seeks to Block Lisa Cook’s Bid to Remain at Fed in Unprecedented Legal Battle

Former President Donald TRUMP is urging a federal judge to prevent Lisa Cook from retaining her position on the Federal Reserve Board, marking an unprecedented challenge to the central bank's independence. The case, heard by U.S. District Judge Jia Cobb, could redefine the boundaries between presidential authority and the Fed's operational autonomy.

Arguments centered on whether Trump had valid cause to remove Cook, with his legal team dismissing her claims as "meritless." Cook's attorneys countered that her due process rights were violated, emphasizing the broader implications for Fed independence if Trump's action stands.

The judge delayed a ruling but committed to deciding before the Fed's September 17 policy meeting, where Cook WOULD participate in critical interest rate decisions if reinstated. The outcome may set a lasting precedent for presidential influence over the historically apolitical institution.