A court hearing on federal Reserve Board governor Lisa CookIt is requested that President Donald Trump Temporarily stop him from firing, while his case against the President ended on Friday, without issuing a decision without a judge.
Cook’s lawyer, Abbe Lowell exploded the argument of the Department of Justice in that hearing that Trump had a legal reason for removing Cook due to suggestions. Federal housing finance agency Director Bill Palte Before joining the Fed, he committed hostage frauds in documents for two properties in Atlanta and N Arber, Michigan.
“You may not have the cause of director Pulte’s crazy midnight tweets,” Lowell said Judge Jia Cob In US District Court in Washington, DC
Pulte, appointed by Trump, has served as an attack dog for the President in his efforts of pressure to cut the Fed to the Fed.
Cook, Fed chairman Geom Powell And other members of the seven -seat Fed Board have so far opposed that pressure.
Powell asked the cob to keep the “status quo” – remaining in his job – for now, until the final decision of the judge on the basis of Firing near Trump.
This can place cook on the board for its upcoming meetings to keep the interest rates stable or cut them.
Attorney Abbe Lowell, representing the Federal Reserve Governor Lisa Cook, arrives in the Federal Court in Washington, DC, US on Friday, August 29, 2025.
Al Drago | Bloomberg | Getty images
A DOJ lawyer told Cobb that it depends on Trump’s “Vivek” whether he was the reason for fed a fed governor.
The Federal Reserve Act says that a president can only remove a Fed Governor for the reason.
Cook’s case against Trump may end with the Supreme Court to challenge him to remove him, to determine whether Trump had caused the cause of the cause in his case, and potentially set the standard for what is the reason for future presidents.
At the beginning of the hearing, Cob said, “This case clearly raises some important questions that can be of the first impression, especially it applies to this board.”
If Trump Cook is successful in firing, he would have been on the track to enroll the Fed Board with a majority.
Cobe ended the hearing after two hours of arguments without a decision on Cook’s request on Cook’s request for a temporary restraint order, which would put him in a position of his Senate-confirmation indefinitely. Cook, whose term ends in January 2038, became the first black woman to serve in the Fed Board after being nominated by the then President. Joe Biden In 2022.
It is not clear when Cob will issue a decision on Cook’s request for a TRO.
The judge suggested that the lawyers for both sides find out whether they want him to rule the restrictive order request in advance, or they want him to issue a decision on possible requests for the initial prohibition or to ban Trump from booting Trump.
Cob also said that she was giving more time to the parties to supplement the arguments made in the open court on Friday.
FedOne in File a court Before hearing, it said that it would not argue on qualities Cook request For a temporary preventive order.
Washington, DC, Eliza Barrett Pritiman US Courthouse at US on Friday, August 29, 2025.
Graeme Slone | Bloomberg | Getty images
But the Central Bank also asked Cob to release the “quick regime” at its speed.
Fed also told Kob that it “intends to follow any order of this court.”
The Fed Board of Governors and Powell were nominated as co-operatives in Cook’s suit against Trump, which challenges the validity of their alleged firing.
Powell and Fed Board were filed only to such an extent that at some point they could carry out Trump’s wishes.
Trump has said that he wants to firing Cook due to the former FHFA priest allegations that he probably committed hostage cheating in statements on documents related to properties in Atlanta and N Arber.
On Thursday night, Pulte said that he had filed a second criminal referral against Cook with a hostage department for a cambridge in Cambridge, Massachusetts, and allegedly misunderstood that he told about that condo and two other houses in government morality during his time as a fed governor.
Lowell on Friday called the newly referral of Pulte “a clear smear campaign, aimed at defaming the village. A political operative has taken Cook on social media more than 30 times in the last two days and has demanded removal before any review of facts or evidence.”
Lowell said, “Nothing in these vague, there is no relevance for the role of the village in the Federal Reserve in unbalanced allegations, and they do not justify removing it from the board in any way,” Lowell said.
