White House sends another document to the Court of Appeals arguing that the resignation of Lisa Cook is legitimate
The White House reinforced on Sunday (14.Set.2025) its attempt to dismiss the director of (Federal Reserve) by presenting a document to the Washington Circuit Appeals. In the text, the government argues that the president’s (Republican Party) decision to withdraw it from the position “for just causeIt is legitimate and is not subject to judicial revision.
The measure was taken shortly before the deadline given by the Court for the republican management to comment. Cook disputes the resignation. According to her, there was a violation of her right to due process. The information is from.
Trump announced on August 26, saying she committed mortgage fraud. Cook denied the accusation, stated that the Republican has no authority to remove it from office and refused to resign. She also entered with one against the US President.
On September 9, Trump Justice to resign. The decision states that Cook remains on the US Central Bank Council until the case is analyzed in detail and may continue to perform its duties during this period.
The controversy began after the director of the US FEDERAL HOUSING FINANCING AGENCY (FHA), Bill Pulte, stating that Cook declared as a main residence an apartment in Atlanta, after having already obtained a similar loan for his home in Michigan – also recorded as the main residence. Pulte said the agency is investigating a 3rd property belonging to the economist, located in Massachusetts.
According to him, the loans date from mid -2021, before his appointment to the Fed.
Laying for main residence often has more favorable conditions than those focused on second residences or investment properties.
The clash takes place in a moment of tension between the White House and the US Central Bank. Trump since it has “Someone in mindTo replace Lisa Cook. The Republican the Fed to reduce interest rates and criticized Jerome Powell, president of the organ, demanding his resignation.
Lisa Cook is the 1st black woman to act as governor on the Fed Council in her 110 years of history. She was nominated in 2022 by the then president (Democratic Party), with a mandate until 2038. Before joining the Fed, she was a professor of economics and international relations at Michigan State University.
