Close Menu
Nabka News
  • Home
  • News
  • Business
  • China
  • India
  • Pakistan
  • Political
  • Tech
  • Trend
  • USA
  • Sports

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Four Chinese sites added to World Heritage Irrigation Structures list-Xinhua

September 11, 2025

PM orders urgent relief as Karachi reels from floods

September 10, 2025

Opendoor stock jumps 20% after company taps ex-Shopify COO as new CEO

September 10, 2025
Facebook X (Twitter) Instagram
  • Home
  • About NabkaNews
  • Advertise with NabkaNews
  • DMCA Policy
  • Privacy Policy
  • Terms of Use
  • Contact us
Facebook X (Twitter) Instagram Pinterest Vimeo
Nabka News
  • Home
  • News
  • Business
  • China
  • India
  • Pakistan
  • Political
  • Tech
  • Trend
  • USA
  • Sports
Nabka News
Home » Trump appeals order blocking him from firing Fed Governor Lisa Cook
Political

Trump appeals order blocking him from firing Fed Governor Lisa Cook

i2wtcBy i2wtcSeptember 10, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
Follow Us
Google News Flipboard Threads
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link


US President Donald Trump speaks during a Religious Liberty Commission meeting at the Museum of the Bible in Washington, DC, US, on Monday, Sept. 8, 2025.

Bloomberg | Bloomberg | Getty Images

President Donald Trump on Wednesday appealed a federal judge’s order blocking him from firing Federal Reserve Governor Lisa Cook while a lawsuit challenging his removal of her continues.

The appeal came a day after U.S. District Court Judge Jia Cobb, in her decision, said, “The public interest in Federal Reserve independence weighs in favor of Cook’s reinstatement.”

Cobb also said that Cook has “made a strong showing” that Trump’s purported removal of her violated the Federal Reserve Act’s requirement that board governors be removed only for legal “cause.”

Trump announced on Aug. 25 that he was firing Cook, who is the first black woman to serve as a Fed governor.

The president claimed he was doing so because of allegations by Federal Housing Finance Agency Director Bill Pulte that she committed mortgage fraud.

Read more CNBC politics coverage

Cook denies any wrongdoing. Her attorneys have argued that Trump is using Pulte’s claims as a pretext, and that her would-be removal is part of a pressure campaign by the president on the Fed to cut interest rates.

Trump has appointed two of the Fed’s seven governors, who participate in decisions setting interest rates.

House before his appeal was filed on Wednesday, the Senate Banking Committee in a party-line vote recommended that the full Senate approve Trump’s nominee Stephen Miran for a Fed governor’s seat left vacant by the surprise resignation of Adriana Kugler last month.

If Cook is ultimately removed from the Fed, Trump would be on track to nominate a majority of the central bank’s board.

This is breaking news. Please refresh for updates.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
i2wtc
  • Website

Related Posts

Political

Charlie Kirk shooting suspect in custody, says FBI director Patel

September 10, 2025
Political

Secret Service at Trump golf club missed gun during search in August

September 10, 2025
Political

U.S. appeals court reinstates Copyright Office director fired by Trump

September 10, 2025
Political

Detained Hyundai and LG plant workers expected to fly to South Korea

September 10, 2025
Political

Labor Department watchdog probes jobs, inflation data

September 10, 2025
Political

Trump Fed nominee Stephen Miran advanced by Senate Banking Committee

September 10, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Four Chinese sites added to World Heritage Irrigation Structures list-Xinhua

September 11, 2025

House Republicans unveil aid bill for Israel, Ukraine ahead of weekend House vote

April 17, 2024

Prime Minister Johnson presses forward with Ukraine aid bill despite pressure from hardliners

April 17, 2024

Justin Verlander makes season debut against Nationals

April 17, 2024
Don't Miss

Trump says China’s Xi ‘hard to make a deal with’ amid trade dispute | Donald Trump News

By i2wtcJune 4, 20250

Growing strains in US-China relations over implementation of agreement to roll back tariffs and trade…

Donald Trump’s 50% steel and aluminium tariffs take effect | Business and Economy News

June 4, 2025

The Take: Why is Trump cracking down on Chinese students? | Education News

June 4, 2025

Chinese couple charged with smuggling toxic fungus into US | Science and Technology News

June 4, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

About Us
About Us

Welcome to NabkaNews, your go-to source for the latest updates and insights on technology, business, and news from around the world, with a focus on the USA, Pakistan, and India.

At NabkaNews, we understand the importance of staying informed in today’s fast-paced world. Our mission is to provide you with accurate, relevant, and engaging content that keeps you up-to-date with the latest developments in technology, business trends, and news events.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

Four Chinese sites added to World Heritage Irrigation Structures list-Xinhua

September 11, 2025

PM orders urgent relief as Karachi reels from floods

September 10, 2025

Opendoor stock jumps 20% after company taps ex-Shopify COO as new CEO

September 10, 2025
Most Popular

What if India and China find common ground?

June 26, 2024

Chinese shipbuilders abandon Russia, succumb to Western sanctions after blacklisting

June 27, 2024

Chinese CEO who had four kids with ‘high-quality’ American sperm says he can be a hero to his kids

June 29, 2024
© 2025 nabkanews. Designed by nabkanews.
  • Home
  • About NabkaNews
  • Advertise with NabkaNews
  • DMCA Policy
  • Privacy Policy
  • Terms of Use
  • Contact us

Type above and press Enter to search. Press Esc to cancel.