On November 3, 2025, Federal Reserve Board Governor Lisa Cook discussed the economic outlook and monetary policy at the Brookings Institution in Washington, D.C. The U.S. Supreme Court announced on Wednesday that it will hear arguments on January 21 regarding President Donald Trump’s unprecedented move to remove Federal Reserve Governor Lisa Cook, a situation that tests the independence of the central bank. The court agreed in October to hear the case before ruling on the Justice Department’s request to lift a judge’s order that temporarily prevented Trump from dismissing Cook, who was appointed by former President Joe Biden. This legal confrontation centers around the Federal Reserve Act of 1913, which was designed to protect the central bank from political influence, stating that governors can only be removed by a president ‚for cause,‘ though the term remains undefined and has never been interpreted in court. On September 9, U.S. District Judge Jia Cobb ruled that Trump’s allegations of mortgage fraud against Cook, which she denies, were likely insufficient grounds for her removal under the act. Cook, the first Black woman to hold a Fed governor position, initiated legal action against Trump in August following his announcement of her removal, asserting that his claims were a pretext for her dismissal due to her monetary policy views. In her first public remarks since the attempt to oust her, Cook stated on November 3 that it requires ‚thick skin‘ to serve in public office and emphasized the importance of Fed independence. The Supreme Court’s previous rulings have allowed Trump to remove members from various independent federal agencies, suggesting a willingness to reconsider established precedents. However, the court has indicated that it may handle the Federal Reserve’s situation differently, acknowledging its unique structure. The outcome of the January arguments will determine whether Cook remains in her position while her legal challenge continues in lower courts. Additionally, the court has scheduled January 13 for oral arguments in appeals from Idaho and West Virginia regarding state bans on transgender athletes in public school female sports teams.<\/p>\n","protected":false},"excerpt":{"rendered":"
On November 3, 2025, Federal Reserve Board Governor Lisa Cook discussed the economic outlook and monetary policy at the Brookings Institution in Washington, D.C. The U.S. Supreme Court announced on Wednesday that it will hear arguments on January 21 regarding President Donald Trump’s unprecedented move to remove Federal Reserve Governor Lisa Cook, a situation that […]<\/p>\n","protected":false},"author":2,"featured_media":5176,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[78],"tags":[],"class_list":["post-5177","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-1"],"translation":{"provider":"WPGlobus","version":"3.0.0","language":"de","enabled_languages":["en","de","ja","vi","ms"],"languages":{"en":{"title":true,"content":true,"excerpt":false},"de":{"title":false,"content":false,"excerpt":false},"ja":{"title":false,"content":false,"excerpt":false},"vi":{"title":false,"content":false,"excerpt":false},"ms":{"title":false,"content":false,"excerpt":false}}},"rttpg_featured_image_url":{"full":["https:\/\/globalcryptoguru.com\/wp-content\/uploads\/2025\/11\/news_image_6-1.png",1024,1024,false],"landscape":["https:\/\/globalcryptoguru.com\/wp-content\/uploads\/2025\/11\/news_image_6-1.png",1024,1024,false],"portraits":["https:\/\/globalcryptoguru.com\/wp-content\/uploads\/2025\/11\/news_image_6-1.png",1024,1024,false],"thumbnail":["https:\/\/globalcryptoguru.com\/wp-content\/uploads\/2025\/11\/news_image_6-1-150x150.png",150,150,true],"medium":["https:\/\/globalcryptoguru.com\/wp-content\/uploads\/2025\/11\/news_image_6-1-300x300.png",300,300,true],"large":["https:\/\/globalcryptoguru.com\/wp-content\/uploads\/2025\/11\/news_image_6-1.png",1024,1024,false],"1536x1536":["https:\/\/globalcryptoguru.com\/wp-content\/uploads\/2025\/11\/news_image_6-1.png",1024,1024,false],"2048x2048":["https:\/\/globalcryptoguru.com\/wp-content\/uploads\/2025\/11\/news_image_6-1.png",1024,1024,false],"blog-thumb":["https:\/\/globalcryptoguru.com\/wp-content\/uploads\/2025\/11\/news_image_6-1-530x250.png",530,250,true],"blog-full":["https:\/\/globalcryptoguru.com\/wp-content\/uploads\/2025\/11\/news_image_6-1-1024x450.png",1024,450,true]},"rttpg_author":{"display_name":"MUHAMMAD ISMAIL","author_link":"https:\/\/globalcryptoguru.com\/de\/author\/ai-news-automation\/"},"rttpg_comment":0,"rttpg_category":"News 1<\/a>","rttpg_excerpt":"On November 3, 2025, Federal Reserve Board Governor Lisa Cook discussed the economic outlook and monetary policy at the Brookings Institution in Washington, D.C. The U.S. Supreme Court announced on Wednesday that it will hear arguments on January 21 regarding President Donald Trump’s unprecedented move to remove Federal Reserve Governor Lisa Cook, a situation that…","_links":{"self":[{"href":"https:\/\/globalcryptoguru.com\/de\/wp-json\/wp\/v2\/posts\/5177","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalcryptoguru.com\/de\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalcryptoguru.com\/de\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalcryptoguru.com\/de\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/globalcryptoguru.com\/de\/wp-json\/wp\/v2\/comments?post=5177"}],"version-history":[{"count":1,"href":"https:\/\/globalcryptoguru.com\/de\/wp-json\/wp\/v2\/posts\/5177\/revisions"}],"predecessor-version":[{"id":5178,"href":"https:\/\/globalcryptoguru.com\/de\/wp-json\/wp\/v2\/posts\/5177\/revisions\/5178"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/globalcryptoguru.com\/de\/wp-json\/wp\/v2\/media\/5176"}],"wp:attachment":[{"href":"https:\/\/globalcryptoguru.com\/de\/wp-json\/wp\/v2\/media?parent=5177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalcryptoguru.com\/de\/wp-json\/wp\/v2\/categories?post=5177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalcryptoguru.com\/de\/wp-json\/wp\/v2\/tags?post=5177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}