{"id":1113,"date":"2026-06-29T15:41:43","date_gmt":"2026-06-29T15:41:43","guid":{"rendered":"https:\/\/coasttocoastmoverss.com\/?p=1113"},"modified":"2026-06-29T15:41:43","modified_gmt":"2026-06-29T15:41:43","slug":"trump-cant-fire-lisa-cook-supreme-court-rules","status":"publish","type":"post","link":"https:\/\/coasttocoastmoverss.com\/?p=1113","title":{"rendered":"Trump Can&#8217;t Fire Lisa Cook, Supreme Court Rules"},"content":{"rendered":"<div>\n<h2>Why Did Trump Fire Lisa Cook?<\/h2>\n<p>Trump fired Cook because the government alleges she made misstatements on mortgage documents before she joined the Fed, listing her properties in Michigan and Atlanta as both being her \u201cprimary\u201d residence. Trump has claimed that constitutes fraud and makes her unfit to serve on the Fed\u2019s board, as it may have allowed her to obtain lower interest rates. Cook has denied any impropriety and described Trump\u2019s allegations as \u201cunsubstantiated\u201d in court filings. Mortgage documents <u>released<\/u> as part of her litigation show Cook properly described her Atlanta property as a vacation home in other documents for her mortgage application, which her attorney Abbe Lowell <u>argued<\/u> makes it \u201cimpossible to conclude\u201d she intended to commit fraud. Any suggestion in other documents that the property was a primary residence was \u201cat most an inadvertent notation,\u201d Lowell wrote in a letter to the Justice Department. Her firing would not be justified even if there were issues with her mortgage, her attorneys have argued, because she was not given proper due process to challenge her termination, and her personal mortgage application does not constitute professional misconduct. <\/p>\n<p>Read more <a href=\"https:\/\/coasttocoastmoverss.com\/?p=1109\">Supreme Court Rejects Trump\u2019s Request To Take Up E. Jean Carroll Case<\/a><\/p>\n<h2>Key Background<\/h2>\n<p>Trump\u2019s firing of Cook came as the president has long railed against the Fed in his second term in office, blasting former Fed chief Jerome Powell for not lowering interest rates as Trump wanted. Though the Fed did end up lowering interest rates under Powell, it was not as much as Trump had pushed for, and Trump repeatedly threatened to fire Powell before the former chair\u2019s term expired in May. The Trump administration did launch a criminal <u>investigation<\/u> into Powell, however, which was allegedly into comments he made to Congress regarding the renovation of the Fed\u2019s headquarters. Powell alleged the investigation was politically motivated because of his unwillingness to lower rates as Trump had wanted, saying in a statement revealing the probe that it was \u201ca consequence of the Federal Reserve setting interest rather than following the preferences of the President.\u201d The Trump administration ultimately <u>dropped<\/u> the investigation into Powell in April, as it threatened to derail current Fed chief Kevin Warsh\u2019s Senate confirmation, though U.S. Attorney Jeanine Pirro has <u>not ruled out<\/u> that it could be reopened in the future.<\/p>\n<p>Read more <a href=\"https:\/\/coasttocoastmoverss.com\/?p=1108\">Ex-Disney CEO And Joshua Kushner Reportedly Planning A Bid For Vegas NBA Team<\/a><\/p>\n<h2>Further Reading<\/h2>\n<p><u>Supreme Court Suggests Trump Cannot Fire Lisa Cook\u2014At Least For Now<\/u> (Forbes)<\/p>\n<div><\/div>\n<p><u>Trump Asks Supreme Court To Let Him Fire Lisa Cook<\/u> (Forbes)<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Trump first tried to fire Cook last year, alleging issues with her personal mortgage, which she denies.<\/p>\n","protected":false},"author":1,"featured_media":1112,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-1113","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - 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