Case Summary:

Trump, President of the U.S. v. Cook arises from President Donald Trump’s attempt in August 2025 to remove Lisa Cook, a Senate-confirmed member of the Federal Reserve Board of Governors serving a 14‑year term, on the ground that she allegedly committed mortgage fraud before joining the Board by designating two different properties as her primary residence on separate loan applications. After the removal letter issued, Cook challenged the action in the U.S. District Court for the District of Columbia, arguing that the Federal Reserve Act’s “for cause” removal protection limits the President to removing a governor only for misconduct or failures in office and that alleged, disputed pre‑appointment mortgage irregularities do not qualify as valid cause. She also contended that, because her statutory, fixed‑term position created a  ...