Federal Reserve Independence
Donald Trump's Attempt to Remove Board Governor Lisa Cook
Buy Full Issue$6.95Excerpt
On Aug. 25, 2025, President Donald Trump announced that he was removing Lisa Cook from her position as a governor on the Federal Reserve Board, the agency that sets U.S. monetary policy and regulates the nation’s banking system.
In a letter released by the White House, the president claimed that Cook had been dismissed “for cause” as allowed by federal law. He cited allegations that Cook had claimed two different properties as her primary residence in mortgage application paperwork…
The move marked a dramatic escalation in the president’s efforts to reshape the Federal Reserve, which he has regul…
Buy Full Issue$6.95In This Issue
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Foreword
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Trump's Tariffs, Transgender Rights and Birthright Citizenship on the Docket
Learning Resources v. Trump, Little v. Hecox, Trump v. Barbara and Others
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The Federal Reserve
Attempts to Curb the Central Bank's Independence
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D.C. Circuit Court of Appeals Holding on Federal Reserve Independence
President Donald Trump Cannot Remove Lisa Cook
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Before the Court in Trump v. Cook
The Justices Weigh in on Federal Reserve Independence
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Pro & Con
Can the President Dismiss a Federal Reserve Governor "for Cause" Without Judicial Review?
