Federal Reserve Governor Granted TRO In Suit Over Purported Firing

( September 10, 2025, 4:01 PM EDT) -- WASHINGTON, D.C. — A temporary restraining order (TRO) as to the purported removal of Federal Reserve Governor Lisa D. Cook was granted Sept. 9 by a federal judge in the District of Columbia, who ruled that Cook’s case and actions by President Donald J. Trump “raise many serious questions of first impression that the Court believes will benefit from further briefing on a non-emergency timeline” and that Cook “made a strong showing that her purported removal was done in violation of the Federal Reserve Act’s ‘for cause’ provision.”...