U.S. Supreme Court lets Lisa Cook remain as Federal Reserve Governor for now

U.S. Supreme Court lets Lisa Cook remain as Federal Reserve Governor for now

The U.S. Supreme Court on Wednesday (October 1, 2025) allowed Lisa Cook to remain as a Federal Reserve Governor for now, declining to act on the Trump administration’s effort to immediately remove her from the central bank. In a brief unsigned order, the court said it would hear arguments in January over Republican President Donald … Read more

Trump orders removal of Federal Reserve governor Lisa Cook over mortgage fraud allegations

Federal Reserve Governor Lisa Cook. File | Photo Credit: Reuters U.S. President Donald Trump on Monday (August 25, 2025) took the unprecedented action of firing Lisa Cook, the first African-American woman to serve as a Federal Reserve governor, over claims of mortgage borrowing impropriety. The President had called on Ms. Cook to resign on August … Read more

Exit mobile version