Another Day Ending in Y, Another TRO Against Trump—This Time on Firing Fed Governor Lisa Cook

Yet Another Day, Yet Another TRO: Trump Hits a Snag with Attempt to Oust Fed Governor Lisa Cook

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.


You May Also Like

Venice Residents Hire Former MS-13 Members as Homeless Crisis Deepens - Internewscast Journal

Venice Residents Hire Former MS-13 Members as Homeless Crisis Deepens

Frustrated residents in an upscale Venice Beach neighborhood have turned to an…
Border Wall Construction on Reservation Approved, Clearing Way for New Barriers - Internewscast Journal

Border Wall Construction on Reservation Approved, Clearing Way for New Barriers

A federal judge has allowed border wall construction in Arizona to move…
Virginia State Shooting Suspect Found Hiding in Dorm Closet - Internewscast Journal

Virginia State Shooting Suspect Found Hiding in Dorm Closet

Virginia authorities have arrested a 19-year-old man in connection with a mass…
Better Home & Finance CEO Vishal Garg, Known for 900-Person Zoom Layoff, Seeks Return to Top Job - Internewscast Journal

Better Home & Finance CEO Vishal Garg, Known for 900-Person Zoom Layoff, Seeks Return to Top Job

Vishal Garg says he feels betrayed. “He hoodwinked me,” the recently removed…
Mamdani’s NYC Housing Pick Criticized ‘Homeowner Cartels’ - Internewscast Journal

Mamdani’s NYC Housing Pick Criticized ‘Homeowner Cartels’

A housing nominee selected by Mayor Zohran Mamdani is facing scrutiny from…
At Least 5 Dead in Indiana as Severe Weather Sweeps State - Internewscast Journal

At Least 5 Dead in Indiana as Severe Weather Sweeps State

At least five people have been killed after days of powerful storms…
Georgia Man Accused of Attacking Teen Girl and Threatening Sexual Assault After Breaking Through Neighbor’s Wall - Internewscast Journal

Georgia Man Accused of Attacking Teen Girl and Threatening Sexual Assault After Breaking Through Neighbor’s Wall

A Georgia man allegedly broke through a wall into a neighboring apartment…
Professor Jiang Xueqin Criticizes Los Angeles on Piers Morgan, Apologizes to China - Internewscast Journal

Professor Jiang Xueqin Criticizes Los Angeles on Piers Morgan, Apologizes to China

Chinese YouTube personality Professor Jiang Xueqin, host of the channel “Predictive History,”…
Lala Regains Tropical Storm Strength, Lashing Hawaii With High Winds and Heavy Rain Without Landfall - Internewscast Journal

Lala Regains Tropical Storm Strength, Lashing Hawaii With High Winds and Heavy Rain Without Landfall

Hurricane Lala weakened into a tropical storm on Sunday after skirting Hawaii…
Kentucky Park Mass Shooting Kills 1, Wounds 4 in 24-Hour Wave - Internewscast Journal

Kentucky Park Mass Shooting Kills 1, Wounds 4 in 24-Hour Wave

One person was killed and four others were injured, including two children,…
Long Island Street Takeover: Road Blocked for Donuts, Burnouts - Internewscast Journal

Long Island Street Takeover: Road Blocked for Donuts, Burnouts

A late-night crackdown on an alleged Long Island street takeover ended with…
Historic Vessels Sunk in NYC Basin Face Scrapyard Fate - Internewscast Journal

Historic Vessels Sunk in NYC Basin Face Scrapyard Fate

Two landmark vessels — one of them pictured on Maine’s state quarter…