Court Rules Lisa Cook Can Remain as Fed Governor Amid Dispute With Administration

President Donald Trump has sought to assert more executive authority over the central bank.
Court Rules Lisa Cook Can Remain as Fed Governor Amid Dispute With Administration
Federal Reserve Board of Governors member Lisa Cook listens during an open meeting of the Board of Governors at the Federal Reserve in Washington on June 25, 2025. Mark Schiefelbein/AP Photo
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A federal judge on Tuesday night temporarily blocked President Donald Trump from firing Federal Reserve Governor Lisa Cook as her lawsuit challenging her termination plays out in court.

The late-night order from Federal Judge Jia Cobb came two weeks after Trump said he’d fire the governor, foreshadowing a highly politicized legal battle—touching issues of fundamental balance of power between the judiciary and executive branch—that could be highly consequential for how much Trump can modify the makeup of the federal government.