{"id":46759,"date":"2025-09-10T02:58:44","date_gmt":"2025-09-10T02:58:44","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/federal-judge-rules-lisa-cook-can-remain-fed-governor-for-now-as-trump-tries-to-fire-her\/"},"modified":"2025-09-10T02:58:44","modified_gmt":"2025-09-10T02:58:44","slug":"federal-judge-rules-lisa-cook-can-remain-fed-governor-for-now-as-trump-tries-to-fire-her","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/federal-judge-rules-lisa-cook-can-remain-fed-governor-for-now-as-trump-tries-to-fire-her\/","title":{"rendered":"Federal judge rules Lisa Cook can remain Fed governor for now as Trump tries to fire her"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<\/p>\n<div id=\"article-0\">\n<section class=\"content__body\">\n<p>A federal Judge on Tuesday ruled that\u00a0<span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/judge-trump-attempt-remove-lisa-cook-federal-governor\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">Lisa Cook<\/a><\/span> can remain in her role on the Federal Reserve&#8217;s Board of Governors while her lawsuit challenging <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/trump-fires-federal-reserve-board-member-lisa-cook\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">President Trump&#8217;s attempt to fire her<\/a><\/span> from her post plays out.<\/p>\n<p>&#8220;President Trump has not stated a legally permissible cause for Cook&#8217;s removal,&#8221; U.S. District Judge Jia Cobb, who was appointed by former President Joe Biden, wrote in her ruling, which is likely to be appealed.<\/p>\n<p>Mr. Trump said he is firing Cook over allegations she made false representations on mortgage agreements several years ago. \u00a0<\/p>\n<p>&#8220;President Trump&#8217;s stated cause refers only to allegations regarding Cook&#8217;s conduct before she began serving on the Federal Reserve Board,&#8221; Cobb wrote. &#8220;As discussed above, such allegations are not a legally permissible cause.&#8221;<\/p>\n<p>Abbe David Lowell, an attorney representing Cook in her lawsuit, said in a statement to CBS News on Tuesday night, &#8220;This ruling recognizes and reaffirms the importance of safeguarding the independence of the Federal Reserve from illegal political interference. Allowing the President to unlawfully remove Governor Cook on unsubstantiated and vague allegations would endanger the stability of our financial system and undermine the rule of law. Governor Cook will continue to carry out her sworn duties as a Senate-confirmed Board Governor.&#8221;<\/p>\n<p>CBS News has reached out to the White House for comment.\u00a0<\/p>\n<p>Under federal law, Fed board members\u00a0<a href=\"https:\/\/www.federalreserve.gov\/aboutthefed\/section10.htm\" target=\"_blank\" rel=\"nofollow noopener\">serve for 14-year terms<\/a>\u00a0and can only be fired by the president &#8220;for cause.&#8221; Cook has served on the Fed since being appointed to complete another member&#8217;s unexpired term in 2022, and her current term would run until 2038.\u00a0<\/p>\n<p><em>This a breaking news story. It will be updated.<\/em><\/p>\n<p>    <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation \">\n        <\/aside>\n<p>    <!-- tags --><\/p>\n<div class=\"content-author\">\n      <a href=\"https:\/\/www.cbsnews.com\/team\/jordan-freiman\/\" class=\"content-author__name\" data-invalid-url-rewritten-http=\"\">Jordan  Freiman<\/a><\/p>\n<div class=\"content-author__bio\">\n<div class=\"content-author__full-information\">\n<p class=\"content-author__text\">Jordan Freiman is a news editor for CBSNews.com. He covers breaking news, trending stories, sports and crime. Jordan has previously worked at Spin and Death and Taxes.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/section><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cbsnews.com\/news\/lisa-cook-firing-blocked-federal-judge\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A federal Judge on Tuesday ruled that\u00a0Lisa Cook can remain in her role on the Federal Reserve&#8217;s Board of Governors<\/p>\n","protected":false},"author":1,"featured_media":46760,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[958,7658],"class_list":["post-46759","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics","tag-federal-reserve","tag-federal-reserve-board"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Federal judge rules Lisa Cook can remain Fed governor for now as Trump tries to fire her - World News<\/title>\n<meta name=\"description\" content=\"President Trump has said he is firing Cook from her role over allegations she made false representations on mortgage agreements several years ago.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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