BREAKING: The DC Circuit has *rejected* Trump's bid to fire Lisa Cook from the Fed board, allowing her to participate in tomorrow's interest-rate setting meeting.
Trump's last hope is a quick stay from SCOTUS. https://t.co/wNtfx9GWW2 pic.twitter.com/1eZGAmLjhO
— Kyle Cheney (@kyledcheney) September 16, 2025
NOTABLE: The majority did not opine on Trump's claim of "cause" for removing Cook. They said that the due process violation – depriving Cook of a hearing — was enough to block her firing for now.
Katsas said Trump's claim of cause was enough. https://t.co/h4WcVSFrdc pic.twitter.com/F4DsjrBZri
— Kyle Cheney (@kyledcheney) September 16, 2025