NewsFinale
  • Home
  • News
  • Local News
  • Business
  • Health
  • Finance
  • Celeb Lifestyle
  • Crime
  • Entertainment
  • Advertise Here
Gleammour AquaFresh
NewsFinale
  • Home
  • News
  • Local News
  • Business
  • Health
  • Finance
  • Celeb Lifestyle
  • Crime
  • Entertainment
  • Advertise Here
Home Local News Trump Administration Presses to Remove Fed Governor Lisa Cook Before Crucial Vote

Trump Administration Presses to Remove Fed Governor Lisa Cook Before Crucial Vote

Trump administration renews push to fire Fed governor Lisa Cook ahead of key vote
Up next
How tariffs could mess with your pumpkin spice
How Tariffs Might Affect Your Pumpkin Spice Products
Published on 14 September 2025
Author
NewsFinale Journal
Share and Follow
FacebookXRedditPinterestWhatsApp


President Donald Trump’s administration renewed its request Sunday for a federal appeals court to let him fire Lisa Cook from the Federal Reserve’s board of governors, a move the president is seeking ahead of the central bank’s vote on interest rates.

The Trump administration filed a response just ahead of a 3 p.m. Eastern deadline Sunday to the U.S. Court of Appeals for the District of Columbia, arguing that Cook’s legal arguments for why she should stay on the job were meritless. Lawyers for Cook argued in a Saturday filing that the Trump administration has not shown sufficient cause to fire her, and stressed the risks to the economy and country if the president were allowed to fire a Fed governor without proper cause.

Sunday’s filing is the latest step in an unprecedented effort by the White House to shape the historically independent Fed. Cook’s firing marks the first time in the central bank’s 112-year history that a president has tried to fire a governor.

“The public and the executive share an interest in ensuring the integrity of the Federal Reserve,” Trump’s lawyers argued in Sunday’s filing. “And that requires respecting the president’s statutory authority to remove governors ‘for cause’ when such cause arises.”

Bill Pulte, a Trump appointee to the agency that regulates mortgage giants Fannie Mae and Freddie Mac, has accused Cook of signing separate documents in which she allegedly said that both the Atlanta property and a home in Ann Arbor, Michigan, also purchased in June 2021, were both “primary residences.” Pulte submitted a criminal referral to the Justice Department, which has opened an investigation.

Trump relied on those allegations to fire Cook “for cause.”

Cook, the first Black woman to serve as a Fed governor, referred to the condominium as a “vacation home” in a loan estimate, a characterization that could undermine claims by the Trump administration that she committed mortgage fraud. Documents obtained by The Associated Press also showed that on a second form submitted by Cook to gain a security clearance, she described the property as a “second home.”

Cook sued the Trump administration to block her firing and a federal judge ruled Tuesday that the removal was illegal and reinstated her to the Fed’s board.

The administration appealed and asked for an emergency ruling just before the Fed is set to meet this week and decide whether to reduce its key interest rate. Most economists expect they will cut the rate by a quarter point.

Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

Share and Follow
FacebookXRedditPinterestWhatsApp
You May Also Like
Arrest made, suspect wanted for questioning only in connection to 3-year-old shot in Augusta
  • Local News

Augusta Police Arrest Suspect for Questioning in Connection to Tragic Shooting of 3-Year-Old

UPDATE, 9:02 p.m.: In a revised statement released on Wednesday, the Richmond…
  • NewsFinale Journal
  • November 20, 2025
CDC website is changed to raise suspicions of a vaccines-autism link
  • Local News

CDC Website Update Sparks Controversy: Unveiling the Alleged Vaccine-Autism Connection

NEW YORK – In a surprising move, the Centers for Disease Control…
  • NewsFinale Journal
  • November 20, 2025
Decatur organization hosts walk for homeless resources
  • Local News

Join the Decatur Community Walk to Support Homeless Assistance Initiatives!

DECATUR, Ill. (WCIA) — In recognition of National Hunger and Homelessness Awareness…
  • NewsFinale Journal
  • November 20, 2025
Shots fired at Deltona home after attempted break-in, deputies say
  • Local News

Deputies Report Gunfire at Deltona Residence Following Attempted Burglary

In Deltona, Florida, a routine early morning took a dramatic turn when…
  • NewsFinale Journal
  • November 20, 2025
Funeral service to honor former Vice President Dick Cheney
  • Local News

Nation Bids Farewell: Honoring Former Vice President Dick Cheney in Memorial Service

The Washington National Cathedral will host the funeral service for former Vice…
  • NewsFinale Journal
  • November 20, 2025
Storm Team 3: Cold front brings cool and sunny week
  • Local News

Brace for a Heatwave: Near Record Temperatures Set to Sizzle This Week

SAVANNAH, Ga () – Good morning! It’s Stormteam 3 Meteorologist Alysa Carsley,…
  • NewsFinale Journal
  • November 20, 2025
Florida retiree detained in Saudi Arabia returns home following Prince's visit to White House
  • Local News

Florida Retiree Freed from Saudi Detention After Diplomatic Breakthrough with Royal Visit to White House

PHILADELPHIA – In a move following President Donald Trump’s recent meeting with…
  • NewsFinale Journal
  • November 20, 2025
D4vd viewed as suspect in death of teen found in trunk: reports
  • Local News

Breaking: Music Artist D4vd Allegedly Linked to Teen Trunk Death – Latest Updates

The case surrounding the tragic death of 15-year-old Celeste Rivas Hernandez has…
  • NewsFinale Journal
  • November 20, 2025
Florida 8-year-old stabs grandmother to save mother during murder attempt: deputies
  • Local News

Heroic 8-Year-Old Saves Mother by Stabbing Attacker in Florida: Deputies Report Shocking Family Incident

In Orange Park, Florida, a young girl’s courageous act saved her mother…
  • NewsFinale Journal
  • November 20, 2025
Fox News ‘Antisemitism Exposed’ Newsletter: Hating on Miss Israel
  • US

Fox News Launches ‘Antisemitism Exposed’ Newsletter Amid Controversy Over Miss Israel Criticism

Fox News’ “Antisemitism Exposed” newsletter highlights the alarming increase in…
  • NewsFinale Journal
  • November 20, 2025
Florida retiree detained in Saudi Arabia returns home following Prince's visit to White House
  • Local News

Florida Retiree Freed from Saudi Detention After Diplomatic Breakthrough with Royal Visit to White House

PHILADELPHIA – In a move following President Donald Trump’s recent meeting with…
  • NewsFinale Journal
  • November 20, 2025
Dad, 50, beaten to death by stranger on Hawaii's iconic paradise beach
  • US

Tragic Incident: Father Fatally Attacked by Stranger on Famous Hawaiian Beach

An Argentinian man, who had relocated to Hawaii for work, tragically lost…
  • NewsFinale Journal
  • November 20, 2025
NewsFinale Journal
  • Home
  • Terms and Conditions
  • Sitemap
  • DMCA
  • Advertise Here
  • Donate
Go to mobile version