The post Federal Court Blocks Trump’s Attempt To Fire Fed Governor Ahead Of Rate Cut Meeting appeared on BitcoinEthereumNews.com.

Topline A federal appeals court on Monday night dismissed President Donald Trump’s emergency bid to fire Federal Reserve Governor Lisa Cook, a ruling that comes hours before a key two-day meeting, where the central bank is set to make a decision on interest rates. Federal Reserve Board of Governors member Lisa Cook listens during an open meeting of the Board of Governors at the Federal Reserve. Copyright 2025 The Associated Press. All rights reserved. Key Facts In a 2-1 ruling, the U.S. Court of Appeals for the District of Columbia Circuit upheld a lower court’s decision allowing Cook to continue serving in her role while her legal challenge against the attempted removal proceeds. The ruling means Cook will likely be able to attend the Federal Reserve’s two-day meeting, unless the Trump administration asks the Supreme Court to intervene. Writing the concurring opinion, Biden appointee Judge Bradley Garcia noted that granting the government’s emergency request to allow for her removal would “upend, not preserve, the status quo” as it could “introduce the possibility of ‘the disruptive effect of the repeated removal and reinstatement’ of Cook during this litigation” The judge then added: “Given that Cook has a property interest in her position, she is entitled to ‘some kind’ of process before removal,” adding that even the Trump administration did not dispute the fact that “it provided Cook no meaningful notice or opportunity to respond to the allegations against her.” The ruling upholds a decision made last week by D.C. federal judge Jia Cobb, who found that “Cook has made a strong showing that her purported removal was done in violation of the Federal Reserve Act’s ‘for cause’ provision.” What Do We Know About Stephen Miran’s Appointment? As the litigation over Trump’s firing of Cook proceeds, Trump’s economic adviser Stephen Miran is…

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Filed under: News - @ September 16, 2025 5:19 am