Trump Asks Judge To Reject Fed Governor Lisa Cook’s Bid To Block Her Firing From Federal Reserve: Report

Published : Aug 29, 2025, 07:25 PM IST
https://stocktwits.com/news-articles/markets/equity/trump-asks-judge-to-reject-fed-governor-lisa-cook-s-bid-to-block-her-firing/chtTiAeRdNW

Synopsis

According to a CNBC report, the Federal Reserve did not take a side in the dispute between President Donald Trump and Fed Governor Lisa Cook, but requested the court for a “prompt ruling.”

President Donald Trump reportedly urged a federal judge on Friday to reject Federal Reserve Governor Lisa Cook’s request for an injunction that would prevent him from firing her.

According to a CNBC report, the Fed stated that it would not take a position on Cook’s lawsuit challenging her removal but requested a “prompt ruling” to resolve the dispute in a separate filing. 

The report stated that both filings were submitted approximately two hours before the scheduled hearing on Cook’s request for a temporary restraining order, which would block her dismissal, in a U.S. District Court in Washington, D.C. 

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Read also: Fannie Mae, Freddie Mac IPO Plans Face Democratic Pushback On Mortgage Rate Risks: Report

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