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Supreme Court lets Lisa Cook stay at Fed Reserve for now; will hear arguments in January
Posted on 10/1/25 at 10:04 am
Posted on 10/1/25 at 10:04 am
quote:
Supreme Court lets Lisa Cook stay at Fed Reserve for now; will hear arguments in January
by Maureen Groppe
Oct 1, 2025
WASHINGTON – The Supreme Court put off deciding whether President Donald Trump can fire Lisa Cook from the Federal Reserve board, leaving in place for now the central bank's longstanding independence.
The court on Oct. 1 said it will hear oral arguments on the issue in January.
The justices are already set to consider a similar case on the Federal Trade Commission, which raises the issue of whether Congress or the courts can protect leaders of independent agencies from removal by the president.
The FTC case is set to be argued in December.
In the Federal Reserve dispute, Trump on Sept. 18 asked the high court to pause a federal judge’s ruling that blocked Trump from firing Cook, who was appointed to the board by his Democratic predecessor and is the first Black woman to serve as a Fed governor.
...
“Having declined to bring any defense to the President’s attention or to dispute any material facts, Cook cannot complain about insufficient process,” he wrote.
Cook's lawyers said she was entitled to be officially notified about why the president wanted to remove her and must be given a hearing through a process that courts can review.
"The bottom line is this: Contrary to the President's boundless assertion of authority, there must be some meaningful check on the President's ability to remove Governor Cook," they wrote.
LINK
Posted on 10/1/25 at 10:08 am to NC_Tigah
Those quotes are not from SCOTUS, but Cook's attorneys.
Posted on 10/1/25 at 10:11 am to NC_Tigah
If she broke the law, why is she not arrested and without bail as the J6 defendant was held?
Posted on 10/1/25 at 10:19 am to Timeoday
Why not empanel a grand jury and indict her?
Posted on 10/1/25 at 10:24 am to NC_Tigah
quote:
leaving in place for now the central bank's longstanding independence.
That independence is a myth.
Posted on 10/1/25 at 10:25 am to NC_Tigah
quote:
raises the issue of whether Congress or the courts can protect leaders of independent agencies from removal by the president.
This is cronyism.
Disguised as…
quote:
"The bottom line is this: Contrary to the President's boundless assertion of authority, there must be some meaningful check on the President's ability to remove Governor Cook,"
Muh democracy.
Posted on 10/1/25 at 10:27 am to NC_Tigah
Isn't she a mortgage fraudster?
Posted on 10/1/25 at 10:29 am to Auburn1968
quote:
That independence is a myth.
Always been a myth. NB4 LSURussian has a fit that they are indeed “independent”
Posted on 10/1/25 at 10:29 am to NC_Tigah
quote:
the central bank's longstanding independence.
That's a weird way to describe the Stockholm Syndrome relationship the federal government has with our branch of the private western central banking cartel...
Posted on 10/1/25 at 11:10 am to NC_Tigah
Get the crime to court quickly
Posted on 10/1/25 at 4:33 pm to Nosevens
quote:NO shite!!
Get the crime to court quickly
Our zoom-meeting, commute-from-Tampa, part-time AG, apparently has not had time enough to effing bring charges .... or to clear the woman. Pathetic!
SCOTUS hearing arguments in Jan almost certainly puts off any finding until May-June.
Posted on 10/1/25 at 4:37 pm to ezride25
quote:well, there isn't... IF you follow the law instead of making it up.
"The bottom line is this: Contrary to the President's boundless assertion of authority, there must be some meaningful check on the President's ability to remove Governor Cook,"
I'm surprised they didn't, with much animus and disdain, cite Trumps animus and disdain as the reason to block it.
Posted on 10/1/25 at 10:55 pm to NC_Tigah
She will probably win this case.
If Trump wins, not a good precedent. They haven't shown she committed fraud - yet. Do you really want federal reserve governors being fired on allegations? Think of where that can go or what happens if the Democrats are in charge. Get a conviction or at least an indictment first.
If Trump wins, not a good precedent. They haven't shown she committed fraud - yet. Do you really want federal reserve governors being fired on allegations? Think of where that can go or what happens if the Democrats are in charge. Get a conviction or at least an indictment first.
Posted on 10/2/25 at 1:28 am to prplhze2000
quote:
Think of where that can go or what happens if the Democrats are in charge.
I'm guessing they'll do what they always do, which is run roughshod over and/or ignore the constitution.
Posted on 10/2/25 at 9:26 am to prplhze2000
quote:
If Trump wins, not a good precedent. They haven't shown she committed fraud - yet. Do you really want federal reserve governors being fired on allegations? Think of where that can go or what happens if the Democrats are in charge. Get a conviction or at least an indictment first.
She's policy making employee of the executive branch. She should be able to be fired at will.
Posted on 10/2/25 at 9:32 am to udtiger
quote:
Those quotes are not from SCOTUS, but Cook's attorneys.
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