All articles tagged with #lisa cook
Originally Published 2 months ago — by CNBC
Federal Reserve Governor Lisa Cook expressed support for the recent interest rate reduction and indicated openness to more, emphasizing a data-dependent approach amid economic risks and ongoing court battles related to her employment status, with her stance reflecting cautious optimism about the economy's trajectory.
Originally Published 3 months ago — by The New York Times
The Supreme Court temporarily allowed Lisa Cook to remain on the Federal Reserve Board amid ongoing legal battles with President Trump, but concerns over the Fed's independence persist as the case continues.
Originally Published 3 months ago — by BBC
The US Supreme Court has allowed Federal Reserve Governor Lisa Cook to remain in her role temporarily amid ongoing legal disputes over her firing, which President Trump attempted citing mortgage fraud claims. The court's decision postpones her removal while it reviews the case, highlighting the unusual nature of firing a Fed governor and the political tensions surrounding monetary policy.
Originally Published 3 months ago — by Politico
The Supreme Court will hear arguments in January on whether President Trump can legally fire Federal Reserve member Lisa Cook over allegations of mortgage fraud, allowing her to stay in her position for now, which keeps her influence on interest rate decisions intact during the legal proceedings.
Originally Published 3 months ago — by ABC News - Breaking News, Latest News and Videos
The Supreme Court has allowed Federal Reserve governor Lisa Cook to remain on the board into 2026 while it considers President Trump's appeal to remove her for cause, marking a departure from its usual deference to presidential removal powers in similar cases.
Originally Published 3 months ago — by AP News
The Supreme Court has temporarily allowed Federal Reserve Governor Lisa Cook to remain in her position amid ongoing legal battles over her firing by the Trump administration, with a full hearing scheduled for January to decide whether her removal was lawful, marking a rare intervention in Fed independence.
Originally Published 3 months ago — by NPR
The Supreme Court has temporarily blocked President Trump from firing Federal Reserve Governor Lisa Cook, allowing her to remain in her position until the court hears oral arguments in January, highlighting the court's cautious approach to presidential influence over independent agencies.
Originally Published 3 months ago — by NBC News
The Supreme Court has temporarily allowed Federal Reserve member Lisa Cook to remain in office while it considers whether President Trump can immediately fire her, with a decision expected by June; the case hinges on whether her removal was for cause under the Federal Reserve Act.
Originally Published 3 months ago — by CNBC
The Supreme Court allowed Federal Reserve Governor Lisa Cook to remain in her position pending a January oral argument on whether President Trump has cause to fire her, in a case highlighting the independence of the Fed from political interference.
Originally Published 3 months ago — by CNBC
The Department of Justice argued that firing Federal Reserve Governor Lisa Cook would not cause a financial market disaster and urged the Supreme Court to allow Trump's attempt to remove her to proceed, despite her denial of misconduct and legal challenges claiming his reasons are unfounded and threaten Fed independence.
Originally Published 3 months ago — by NJ.com
Federal Reserve Governor Lisa Cook is appealing to the Supreme Court to prevent President Trump from firing her, arguing that such an action would undermine the Fed's independence and set a dangerous precedent, amid allegations against her that she denies. The case highlights the longstanding tradition of Fed independence and the potential implications of presidential interference.
Originally Published 3 months ago — by The Guardian
Lisa Cook, a Federal Reserve governor, urged the US Supreme Court to reject Donald Trump's attempt to fire her, arguing that such an action would undermine the Fed's independence and disrupt financial stability. The case involves legal battles over Trump's authority to remove Fed governors for cause, with significant implications for the central bank's independence and monetary policy. Cook's legal challenge is supported by former top economic officials, emphasizing the importance of maintaining the Fed's independence from political interference.
Originally Published 3 months ago — by NBC News
A bipartisan group of former U.S. economic leaders, including all living former Fed chairs, filed an amicus brief supporting Fed governor Lisa Cook against her removal, emphasizing the importance of Fed independence to prevent long-term economic harm and inflation instability. The Supreme Court is reviewing whether Trump can fire Cook amid allegations she denies, with significant implications for the Fed's autonomy and monetary policy stability.
Originally Published 3 months ago — by CNBC
Lawyers for Federal Reserve Governor Lisa Cook argue that the Supreme Court should reject President Trump's attempt to fire her during her lawsuit, asserting that such action would undermine the independence of the Federal Reserve. Trump seeks to lift court orders preventing her removal amid allegations she denies, while former economic officials urge the Court to deny his request.
Originally Published 3 months ago — by CNBC
Former Fed and Treasury officials have urged the Supreme Court to block Trump's attempt to fire Fed Governor Lisa Cook, arguing that her removal threatens the independence of the Federal Reserve and could undermine public confidence and monetary policy credibility. Cook is challenging her proposed dismissal amid allegations from Trump, which she denies, and legal battles are ongoing.