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US Fed Governor Cook allowed to keep position for now

By Neil Roland ( September 10, 2025, 23:28 GMT | Insight) -- In a decision certain to be appealed, a federal judge blocked President Trump from removing US Federal Reserve Governor Lisa Cook while her suit contesting her dismissal proceeds. US District Judge Jia Cobb of the District of Columbia temporarily allowed Cook to keep her seat, which she has held since 2022. Cook has sued Trump for violating the 1913 Federal Reserve Act because her purported removal didn’t comply with a requirement that she can only be dismissed “for cause.”In a decision certain to be appealed, a federal judge blocked US President Donald Trump from removing Federal Reserve Governor Lisa Cook while her suit contesting her firing proceeds....

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