In a historic legal development, Federal Reserve Governor Lisa D. Cook —the first Black woman ever to serve on the Federal Reserve Board in its 113-year history—secured an early court victory that allows her to continue shaping U.S. economic policy despite mounting political attacks.

On September 9, 2025 , Federal District Judge Jia M. Cobb issued a 49-page order granting an injunction to block President Donald Trump’s attempt to remove Cook from her post. The ruling underscored the independence of the nation’s central bank, stressing that President Trump had provided no evidence of misconduct or poor performance to justify the removal.

Judge Cobb wrote in part:

“Cook is one of seven members of a Board that is, by design, not intended to be susceptible to policy pressure… Presiden

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