September 19, 2025Sep 19 Donald Trump has filed an emergency appeal with the US Supreme Court to stay a lower court order blocking the removal of Lisa Cook from the Federal Reserve Board. The move shakes the financial corridors as Trump seeks immediate action to dismiss Cook over mortgage fraud allegations. This legal battle comes after Trump fired Cook earlier in the month over claims made by Federal Housing Finance Agency Director Bill Pulte. Pulte alleged Cook committed mortgage fraud by misrepresenting her primary residences in Georgia and Michigan. Despite being accused, Cook maintains her innocence and continues to perform her duties on the Federal Reserve Board. The administration argues that mortgage fraud allegations against Cook provide sufficient grounds for her removal without due process. Solicitor General John Sauer emphasises the president's authority in such removals, stating that Cook's alleged actions undermine her role in setting national interest rates. Cook, however, is fighting back with legal action of her own against Trump's decision. The Supreme Court is expected to review this case closely, especially in light of past decisions that have temporarily supported executive dismissals during unresolved litigation. Legal experts suggest the court will initially seek a response from Cook before any potential ruling. This case could take years to fully resolve, leaving uncertainty in the financial and political arenas. Key Takeaways Trump appeals to the US Supreme Court to remove Fed Governor Lisa Cook. Cook is accused of mortgage fraud but denies wrongdoing and remains in her role. The Supreme Court's involvement may prolong resolution, affecting policy stability. Related Stories: Trump's Shock Move: Fed Governor Lisa Cook Axed in Sudden Purge Trump and Federal Reserve Clash: Lisa Cook Sues in Job Battle Adapted by ASEAN Now from ABC 2025-09-19
September 19, 2025Sep 19 From the table of contents SG Sauer filing: The determination of cause is committed to the unreviewable discretion of the President .... -- So 'termination for cause' is not different than 'termination at-will'.
September 19, 2025Sep 19 Popular Post 1 minute ago, angryguy said: Heres hoping shes working at mcdonalds next week from the OP: This case could take years to fully resolve, leaving uncertainty in the financial and political arenas.
September 19, 2025Sep 19 Popular Post 1 hour ago, webfact said: This case could take years to fully resolve, leaving uncertainty in the financial and political arenas. If she had any dignity she would step down. She's done enough damage.
September 19, 2025Sep 19 I don't think the SC will take on the case. They will not be willing to disobey Trump, neither will they allow 'dismissal at will'.
September 20, 2025Sep 20 On 9/19/2025 at 7:17 AM, jerrymahoney said: From the table of contents SG Sauer filing: The determination of cause is committed to the unreviewable discretion of the President .... -- So 'termination for cause' is not different than 'termination at-will'. Agreed ... in trump's thinking.
September 20, 2025Sep 20 Popular Post 57 minutes ago, Jonnapat said: Yet another disgraceful action. Racism at its finest. In this particular action, I read it more that trump just wants control to make US monetary policy answerable to him. Exactly why the Fed was to be independent ...
September 20, 2025Sep 20 On 9/19/2025 at 7:12 AM, webfact said: Donald Trump has filed an emergency appeal with the US Supreme Court to stay a lower court order blocking the removal of Lisa Cook from the Federal Reserve Board. The move shakes the financial corridors as Trump seeks immediate action to dismiss Cook over mortgage fraud allegations. This legal battle comes after Trump fired Cook earlier in the month over claims made by Federal Housing Finance Agency Director Bill Pulte. Pulte alleged Cook committed mortgage fraud by misrepresenting her primary residences in Georgia and Michigan. Despite being accused, Cook maintains her innocence and continues to perform her duties on the Federal Reserve Board. The administration argues that mortgage fraud allegations against Cook provide sufficient grounds for her removal without due process. Solicitor General John Sauer emphasises the president's authority in such removals, stating that Cook's alleged actions undermine her role in setting national interest rates. Cook, however, is fighting back with legal action of her own against Trump's decision. The Supreme Court is expected to review this case closely, especially in light of past decisions that have temporarily supported executive dismissals during unresolved litigation. Legal experts suggest the court will initially seek a response from Cook before any potential ruling. This case could take years to fully resolve, leaving uncertainty in the financial and political arenas. Key Takeaways Trump appeals to the US Supreme Court to remove Fed Governor Lisa Cook. Cook is accused of mortgage fraud but denies wrongdoing and remains in her role. The Supreme Court's involvement may prolong resolution, affecting policy stability. Related Stories: Trump's Shock Move: Fed Governor Lisa Cook Axed in Sudden Purge Trump and Federal Reserve Clash: Lisa Cook Sues in Job Battle Adapted by ASEAN Now from ABC 2025-09-19 Good that some judges will show how law is working, not his bended laws and lies and threats.
September 20, 2025Sep 20 Forced removal I believe is the commission of crime(s) DURING tenure as Fed Governor. Said alleged mortgage crime(s) occurred before her appointment as Fed Governor. An appeals court ruled that Lisa Cook can remain as Federal Reserve governor. There is nothing to go forward to the SCOTUS.
October 1, 2025Oct 1 Popular Post https://finance.yahoo.com/news/supreme-court-lets-cook-stay-at-fed-for-now-155241969.html Supreme Court lets Cook stay at Fed for now The Supreme Court is letting Lisa Cook remain as a Federal Reserve governor before hearing arguments in January about whether President Trump has the authority to remove her from her post. The decision is a setback for Trump, who has been pushing for Cook's immediate firing and trying to put his own stamp on the nation's central bank.
October 1, 2025Oct 1 5 hours ago, CallumWK said: https://finance.yahoo.com/news/supreme-court-lets-cook-stay-at-fed-for-now-155241969.html Supreme Court lets Cook stay at Fed for now The Supreme Court is letting Lisa Cook remain as a Federal Reserve governor before hearing arguments in January about whether President Trump has the authority to remove her from her post. The decision is a setback for Trump, who has been pushing for Cook's immediate firing and trying to put his own stamp on the nation's central bank. Kisses about to land:
October 1, 2025Oct 1 5 minutes ago, Tug said: He he he ….old trump must be steaming mad to be bested by a black woman! He bested a black woman to win his second term. Or at least you lot said she was black
October 1, 2025Oct 1 9 minutes ago, angryguy said: He bested a black woman to win his second term. Or at least you lot said she was black We are paying for that mistake now along with the rest of the world.to bad we aren’t smart enough to kick misogyny to the curb especially when most lucid folks knew the consequences.sad
October 1, 2025Oct 1 11 minutes ago, Tug said: We are paying for that mistake now along with the rest of the world.to bad we aren’t smart enough to kick misogyny to the curb especially when most lucid folks knew the consequences.sad Joe Biden made some awful appointments for the sake of DEI. I'm glad he is gone.
October 2, 2025Oct 2 On 9/19/2025 at 12:00 PM, stevenl said: I don't think the SC will take on the case. They will not be willing to disobey Trump, neither will they allow 'dismissal at will'. Ouch. That didn't age well.
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