A US judge has temporarily blocked Trump from firing Federal Reserve Governor Tim Cook
2025-09-10 01:52:44
On September 10, according to Reuters, a federal judge in the United States has temporarily blocked Trump from removing Federal Reserve Governor Cook. < b > The court will issue an injunction directing Powell and the board to allow Cook to remain on the board during the litigation . It is an early setback for the White House in an unprecedented legal battle that could upend the Fed's long-standing independence. < b > The preliminary ruling by Judge Jia Cobb of the Federal District Court in Washington, D.C., does not address the key issue of whether the Trump administration's claim that Cook was involved in mortgage fraud before taking office constitutes sufficient grounds for removal from office. < b > The case is expected to eventually go to the U.S. Supreme Court .
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