Fed governor Cook to seek court order blocking her firing by Trump Politics Aug 29, 2025 9:11 AM EDT

A case that could provide the Trump administration with new and expansive power over the traditionally independent Federal Reserve will get its first court hearing Friday.

Federal Reserve Governor Lisa Cook has requested an emergency injunction to block President Donald Trump’s attempt to fire her over allegations that she committed mortgage fraud when she purchased a home and condo in 2021. She was appointed to the Fed’s board by former president Joe Biden in 2022.

READ MORE: Fed Gov. Lisa Cook sues Trump administration to block her attempted firing

If her firing is allowed to stand, it would likely erode the Fed’s longstanding independence from day-to-day politics. No president has

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