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After the long holiday weekend, President Donald Trump will begin contending with significant legal disputes unfolding on multiple fronts. From the Federal Reserve to trade policy to deportations of illegal immigrants, here’s a look at the high-stakes legal showdowns shaping Trump’s week.
U.S. District Judge Jia Cobb, a Biden appointee, signaled on Friday she will seek to rule quickly on whether Trump acted unlawfully in moving to fire Federal Reserve Governor Lisa Cook over mortgage fraud allegations. She didn’t make a ruling during the two-hour hearing but told both sides to submit more filings by Sept 2. Only then will she decide whether to issue an order that temporarily protects Cook’s job while the case continues.
TRUMP SAYS HE’S ‘ALWAYS’ READY FOR LEGAL FIGHT AS OUSTED FED GOVERNOR PLANS LAWSUIT
Trump’s unprecedented attempt to oust Cook sets the stage for a high-stakes legal battle likely bound for the Supreme Court.
A side-by-side image of President Donald Trump and Federal Reserve Governor Lisa Cook. ( Andrew Harnik/Al Drago/Getty Images/Getty Images)
Trump fired Cook on Aug. 25, which prompted her to sue him in federal court three days later. Her lawsuit names as defendants Trump, the Board of Governors of the Federal Reserve System, and Federal Reserve Chairman Jerome Powell.
It is not clear if Cook has attempted to enter the Federal Reserve’s main headquarters in the Foggy Bottom neighborhood in D.C. since Trump’s letter terminating her. The Federal Reserve declined to say whether Cook has tried to work from her office, is working remotely, or retains access to the email and other resources she needs for her job.
Before Cook filed her suit, a Fed spokesperson acknowledged the potential legal feud and wrote in an Aug. 26 statement that the Fed will “abide by any court decision.”
COOK’S POTENTIAL EXIT HANDS TRUMP GREATER SWAY OVER FED BOARD SHAPING US MONETARY POLICY
In a different legal…
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