Trump Tries Firing Fed’s Lisa Cook, Gets Courtside Bench

In a courtroom drama wilder than a reality TV reunion, Federal Reserve governor Lisa Cook dodged Trump’s fade-out attempt ruled over by a 2-1 D.C. appeals court on September 16, 2025. Fan favorite Judge Bradley Garcia (clad in Biden-approved robes) wrote Cook deserved a dignified hearing since the Trump admin forgot to tell her she was 'fired for cause'—cause apparently being a mortgage application chaos starring an Atlanta condo labeled 'vacay home' in some documents but 'primary crib' in others. Housing chief Bill Pulte launched a criminal shotgun blast via DOJ referral, which Cook denies like a student caught with a cheat sheet. Per the Fed rules, Trump can’t fire Fed governors like he's swapping out bad reality TV contestants. That term? Cook’s locked in through 2038—longer than any weird meme’s shelf life. Meanwhile, dissenting Judge Gregory Katsas argued Cook’s property interest claim was 'mistaken' while the Fed preps a juicier interest rate cut, and Cook’s still at the table, probably munching popcorn.

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Source: Axios | Published: 9/16/2025 | Author: Neil Irwin