Donald Trump continues to struggle against Democrat-appointed judges.
This time, it was another Biden-appointed judge who blocked the president's firing of Federal Reserve Governor Lisa Cook.
The new order will keep Cook in place until the matter is litigated fully.
Just a few weeks ago, Lisa Cook was referred to the Department of Justice (DOJ) on allegations of mortgage fraud.
Considering the nature of her current position, Trump believed that the referral warranted her removal from the high-ranking post.
Rather than simply suspending Cook from the role pending investigation and trial, Trump fired her.
At the time, the White House stated, “The president determined there was cause to remove a governor who was credibly accused of lying in financial documents from a highly sensitive position overseeing financial institutions. The removal of a governor for cause improves the Federal Reserve Board's accountability and credibility for both the markets and American people."
Cook immediately announced that she would be suing the administration and seeking reinstatement.
Abbe Lowell, Hunter Biden’s former attorney, whom Cook retained, stated, “President Trump has no authority to remove Federal Reserve Governor Lisa Cook.”
He added, "His attempt to fire her, based solely on a referral letter, lacks any factual or legal basis. We will be filing a lawsuit challenging this illegal action.”
Democrats are pushing the narrative that Trump fired Cook in order to recalibrate the composition of the board governors at the Fed and prompt his long-desired interest rate reduction, and the president himself added fuel to that narrative, stating, “We'll have a majority very shortly, so that'll be good. Once we have a majority, housing will swing.”
On Tuesday, Trump found out that securing the majority may take a little longer than expected, as U.S. District Judge Jia Cobb, a Joe Biden appointee, blocked the firing and reinstated Cook.
Judge Cobb stated that Cook had established that the firing, if allowed to stand, could cause "irreparable harm" adding that Cook “has lost the ability to fulfill a high-ranking, public-servant role to which she is entitled."
I am not sure what “harm” has been shown, and she is not “entitled” to anything.
Now, I will be the first person to admit that Trump jumped the gun in firing Cook, as I think he should have suspended her pending the outcome of the investigation and potential trial. Having said that, the ruling from the judge sounds like one issued by an activist, not a jurist, and the administration has already stated that it plans to take this to a higher court.
