Another Day Ending in Y, Another TRO Against Trump—This Time on Firing Fed Governor Lisa Cook
Share this @internewscast.com

It’s a familiar pattern: President Trump makes a decision through executive action, those opposed to it launch legal challenges, and a district judge blocks the president’s proposed course of action.

Recently, President Trump dismissed Federal Reserve Governor Lisa Cook in August, citing her alleged involvement in several mortgage fraud cases under investigation by the DOJ, but a judge appointed by Biden intervened on Tuesday, effectively stating that Trump couldn’t proceed with the dismissal.

A federal judge issued a ruling on Tuesday night that prevents President Donald Trump from moving forward with the termination of Federal Reserve Governor Lisa Cook, as her lawsuit contesting her dismissal continues in the legal system.

Judge Jia Cobb issued a temporary restraining order just under two weeks after Lisa Cook filed a lawsuit aiming to stop Trump from removing her from her position at the central bank.

On August 25, Trump justified Cook’s dismissal with claims made by Federal Housing Finance Agency Director Bill Pulte, implying she was implicated in mortgage fraud related to documents concerning properties she owns in Georgia and Michigan.

Someone who clearly committed mortgage fraud will decide on our financial policy this month. 

Appeal this immediately and overturn it! @Pulte

 has proven this case is open and SHUT. Trump clearly is justified in firing her for cause.

The judge decided that the “public’s interest in Federal Reserve independence” took precedence over the president’s authority:

“The public interest in Federal Reserve independence weighs in favor of Cook’s reinstatement,” Cobb wrote in an opinion on her decision Tuesday.

Cobb’s order enjoins Fed Chairman Jerome Powell and the Board of Governors “from effectuating in any manner” Cook’s removal because of Trump’s order.


Share this @internewscast.com
You May Also Like
ICE arrests two illegal immigrants convicted of 'heinous' crimes against children in New Jersey and Texas

ICE Captures Convicted Child Offenders in NJ and TX: A Critical Move in U.S. Immigration Enforcement

In a decisive move emphasizing the U.S. government’s commitment to expelling violent…
Drug kingpin El Chapo's son enters plea in multibillion-dollar drug trafficking case

El Chapo’s Son Pleads in Major Multibillion-Dollar Drug Trafficking Case: Key Developments Unfold

Joaquín Guzmán López, the son of infamous cartel leader Joaquín “El Chapo”…
Chicago weather forecast: More snow for PM commute Monday | O'Hare, Midway airports recover from weekend flight cancellations

Snowy Monday Commute Expected in Chicago as Airports Recover from Weekend Cancellations

CHICAGO — As the Chicago area continues to recover from a significant…
Accused CEO assassin Luigi Mangione asks judge to toss evidence from his arrest

Luigi Mangione, Accused CEO’s Alleged Assassin, Seeks Dismissal of Arrest Evidence in Court Appeal

On Monday, Luigi Mangione, charged with the assassination of UnitedHealthcare CEO Brian…
'Armed and dangerous' inmate escapes Atlanta hospital, steals gun and SUV: police

Inmate Considered ‘Armed and Dangerous’ Escapes Atlanta Hospital, Seizes Firearm and SUV: Police Report

Authorities have issued a warning about an inmate deemed “armed and dangerous”…
Unusual ‘zombie’ Jesus statue snatched from Belgian nativity scene

Unique ‘Zombie’ Jesus Statue Stolen from Belgian Nativity Display

A statue of baby Jesus, described as resembling a “zombie” by a…
Catholic college defends hosting 'Trans Day of Remembrance' event

Catholic College Stands by Decision to Host ‘Trans Day of Remembrance’ Event

A Catholic institution in Illinois is firmly upholding its decision to promote…
White House Releases ‘Perfect’ Trump MRI Results, Shaming Democrats Who Spread Health Trouble Rumors

White House Debunks Health Rumors: Trump’s ‘Perfect’ MRI Results Contradict Democratic Claims

The White House has disclosed the findings of President Donald Trump’s recent…
New FDA-approved glasses can slow nearsightedness in kids

FDA Greenlights Innovative Glasses to Mitigate Nearsightedness Progression in Children

In the bustling city of Washington, for countless children, receiving their first…
Mamdani-appointed NYC professor who wrote book on ending policing now tasked with shaping community safety

NYC’s New Community Safety Visionary: Meet the Professor Behind the Movement to End Policing

A sociology professor from Brooklyn College, who recently joined New York Mayor-elect…
Altadena, California man finds bear living in crawl space underneath home

Altadena Homeowner Discovers Unexpected Bear Resident in Crawl Space

ALTADENA, Calif. — In an unexpected encounter last week, a Southern California…
NYPD investigating if man set on fire aboard Times Square subway lied about attack: report

NYPD Probes Truth Behind Times Square Subway Fire Incident

A man in New York City has reported being set on fire…