Celebrate the Court Protecting Fed Independence from Trump

In a major victory for the rule of law and economic stability, a federal judge has blocked Donald Trump’s unlawful attempt to fire Federal Reserve Governor Lisa Cook.

Judge Jia Cobb ruled that Trump’s move violated the Federal Reserve Act’s clear protections and Cook’s constitutional rights. The decision reaffirms that presidents cannot arbitrarily remove Fed governors simply because they disagree on policy — a safeguard designed to keep our economy independent from partisan interference.

Lisa Cook, the first Black woman to serve as a Federal Reserve governor, has been a champion of inclusive economic growth. Allowing Trump to oust her based on vague, unsubstantiated allegations would not only be an assault on her personally — it would undermine the independence of the Fed and destabilize our entire financial system.

This ruling is a powerful reminder that no president is above the law. Protecting the Federal Reserve from political meddling means protecting the stability of our economy and the livelihoods of millions of Americans.

Add your name to celebrate this ruling, stand with Lisa Cook, and defend the independence of the Federal Reserve against Trump’s reckless power grab.