The judge will hear arguments in the case of shooting at Lisa Cook, where the Federal Reserve Governor faces allegations of mortgage fraud. Fox Business Lydia is with more.
president Donald Trump On Friday, the Federal Judge would reject a request from the governor of the Federal Reserve, Lisa Cook, to prevent the president from shooting her, as the court’s procedures were in the lawsuit to prevent it from removing it.
On Monday, Trump moved on the shooting of fraud demands on the mortgage that was raised by the president’s ally, and the director of the Federal Housing Agency Bill Bouti, who focused on Cook demanding the basic residence on two real estate loans obtained on the homes in Ann Arbur, Michigan, and Atlanta in a period of two weeks in 2021. Paul sent one of the criminal times to the additional administration to the administration Divine.
Cook filed a lawsuit on Thursday, on the pretext that the president did not fulfill the level of removal for the reason and asked for a restricted order to allow it to stay on Federal Reserve.
The Trump Administration Court file argues that the criminal referral of Polati fulfilled the threshold of “for the reason” necessary to remove the governor of the Federal Reserve from its role, regardless of whether Cook’s actions meet the level of fraud on the criminal mortgage.
The ruler of the Federal Reserve, Lisa Cook, suits Trump

President Donald Trump is pushing for the removal of the governor of the Federal Reserve, Lisa Cook. (Andrew Harnik/Al Drao/Getty Images/Getty Images)
“Under any criterion, making contradictory data in financial documents – whether it is possible to continue the burden of criminal proof or not – is more than just a ground to remove a large financial organizer from his position.”
Federal and chair reserve Jerome Powell The defendants were also named in a Cook lawsuit, although this is only to ensure that Cook gets legal relief and remains in its role as a ruler in the Federal Reserve if it is prevalent in its legal case against the removal voltage.
The Federal Reserve file shows that although the central bank has the authority to litigate independently under the Federal Reserve Law and will be present at Friday’s session, “it is not intended to make arguments on the suggestion of the ruler Cook.”
“At this time, the council only expresses (1) its interest in an immediate ruling from this court to remove the current cloud from uncertainty; and (2) its intention to follow any order in court cases,” the Federal Reserve file clarified.
A lawsuit against Trump sets a potential struggle for the Supreme Court

Federal Reserve Chairman Jerome Powell and Federal Reserve Governor Lisa Cook faced criticism from President Trump amid his campaign to pressure the central bank. (Saul Loeb / AFP via Getty Images / Getty Images)
The lawsuit in Cook opposes the Trump administration’s claims that it can be removed after the referral, saying that federal laws covering the removal of officials in other agencies determining neglect, badness or incompetence while they are in his position as a standard of “For reason” removal.
“There is no explanation that can be perceived to protect” for the reason “that allows the president to shoot the Cook Governor, either for his real or conquest motives that he invented.”
Such orders cannot be resumed in general, but if the American boycott court is Judge Jia Cope It is granted the restriction order, it is likely that a long -term judicial matter can be reviewed by the Court of Appeal. Cope said it would set a quick summary schedule in the case during Friday’s session.

President Donald Trump recently retracted his threats to try to shoot the Federal Reserve Chairman Jerome Powell. (Reuters / Kent Nishimura / Reuters)
The issue is likely to reach the United States supreme courtWhere the main conservative majority allowed Trump to shoot their officials from other agencies despite the laws that protect them from removal – although the ruling in May has distinguished the federal reserve from these agencies through its unique structure and “distinct historical traditions”.
The legal conflict comes amid the efforts of the Trump administration to pressure the Federal Reserve Reduce interest rates. If Cook is removed, Trump will allow his fourth selection of the Conservative Council of seven of seven members, all of whom work in the Federal Open Market Committee that makes monetary policy decisions.
Trump has repeatedly criticized the President of the Federal Reserve Powell, who appointed him in the role in 2017, for not lowering interest rates and worsened for a very expensive renewal project.
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While the president has threatened on several occasions with an attempt to launch Powell, the President has retreated late in these threats, as the chairman of the board of directors is scheduled to end in May.
The Federal Reserve is expected to reduce interest rates in its next meeting in mid -September amid signs of weak labor market The remaining inflation above The goal of the Federal Reserve 2 %.
Reuters contributed to this report.
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