The Trump administration asked a federal appeals court Thursday to lift a ruling that blocked President Trump from firing Federal Reserve Governor Lisa Cook, in time for a crucial meeting next week when Fed officials will decide whether to lower interest rates.

Mr. Trump moved to fire Cook from the Federal Reserve's powerful Board of Governors last month, accusing her of falsely claiming two different homes as her principal residence in mortgage documents. U.S. District Judge Jia Cobb blocked the firing on Tuesday, concluding that the president "has not stated a legally permissible cause for Cook's removal." Under federal law, Fed board members serve for 14-year terms and can only be removed "for cause."

On Thursday, the Trump administration asked the U.S. Court of Appeals for

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