Trump appeals order blocking firing of Fed Governor Lisa Cook

The Trump administration on Wednesday appealed a judge's order blocking his firing of Federal Reserve Governor Lisa Cook.

U.S. District Judge Jia Cobb on Tuesday blocked the firing, asserting that the allegations of mortgage fraud would likely prove insufficient to justify her dismissal. The administration appealed Wednesday morning, Reuters reported.

Cook faces allegations of mortgage fraud related to her alleged listing of a secondary residence as a primary residence. Federal Housing Finance Agency Director Bill Pulte filed a criminal referral to the DOJ to alert them of the issue.

Cook has challenged her dismissal, which marks the first termination of a Federal Reserve governor by the president. It remains unclear whether Trump has the authority to do so at all.

Ben Whedon is the Chief Political Correspondent at Just the News. Follow him on X.