Federal board row: SC blocks Donald Trump from firing Lisa Cook; hearing scheduled for Jan 2026

Donald Trump and Lisa Cook (Images/Agencies) The US Supreme Court on Wednesday barred President Donald Trump from immediately removing Federal Reserve Governor Lisa Cook, ensuring she will remain in her post until the court hears arguments on the case in January 2026.In a brief order, the court said they had “deferred” the administration’s request, leaving […]

‘Corrupt and totally Trump deranged’: Donald Trump urges Microsoft to sack Lisa Monaco; calls her ‘menace to US security’

Donald Trump urges Microsoft to sack Lisa Monaco (Picture credit: AP, US department of justice) US President Donald Trump on Friday publicly demanded that Microsoft dismiss Lisa Monaco, the company’s president of global affairs and a former top official in Democratic administrations.In a lengthy Truth Social post, Trump claimed ‘corrupt and totally Trump deranged’ Monaco […]

‘Lied about facts’: Trump admin takes Lisa Cook fight to Supreme Court; pushes for her removal from Fed board ✅

The Donald Trump administration on Thursday urged Chief Justice John Roberts to issue a temporary order removing Lisa Cook from the Federal Reserve’s board of governors, while also requesting a broader ruling from the full Supreme Court as her legal battle continues.“Put simply, the president may reasonably determine that interest rates paid by the American […]

Setback for Trump? Federal Reserve Governor Lisa Cook to stay in role ahead of rate meeting; appeals court steps in

Donald Trump, Federal Reserve governor Lisa Cook A federal appeals court has ruled that Federal Reserve Governor Lisa Cook can remain in her post, allowing her to take part in this week’s closely watched interest rate meeting, despite President Donald Trump’s attempt to remove her from the board. The decision from the US Court of […]

Donald Trump vs Fed governor: US President’s attempts to fire Lisa Cook might land in legal battle; Biden appointee vows not to resign

US President Donald Trump’s attempt to dismissal Federal Reserve governor Lisa Cook is expected to land in court, raising questions over the extent of presidential powers against the traditionally independent central bank.Legal experts say Trump’s claim that he can fire Cook, a Biden appointee, is legally weak but unprecedented. The Supreme Court has recently allowed […]

Mortgage loan charge: Trump says he has ‘cause’ to oust Lisa Cook; first-ever move against Fed governor

US Federal Reserve governor Lisa Cook on Tuesday rejected President Donald Trump’s announcement that he was removing her from the central bank, insisting he has no authority to do so and vowing not to resign.Donald Trump posted a letter on his Truth Social platform declaring Cook’s dismissal effective immediately, citing allegations of mortgage fraud. Cook […]

Federal Reserve shake-up: Donald Trump fires Governor Lisa Cook; accuses her of ‘potentially criminal conduct’

File photo: US President Donald Trump and Lisa Cook (Picture credit: AP) US President Donald Trump has removed Federal Reserve Governor Lisa Cook from her position in a move that could set off a major legal fight over the independence of America’s central bank.Trump announced Cook’s dismissal on Monday evening through a letter posted on […]