Bloomberg Law Trump Can't Fire Fed's Cook Now & Oregon Sues Trump
Oct 3, 2025
Elliott Stein, a Senior Litigation Analyst at Bloomberg Intelligence, discusses the Supreme Court's recent decision regarding Federal Reserve Governor Lisa Cook's employment status. He delves into the unique treatment of the Fed by the Court and the implications of the ruling. Leon Fresco, an immigration law expert, analyzes Oregon's lawsuit against Trump concerning National Guard deployments and the reopening of DACA applications. Their insights blend legal intricacies with the broader political landscape, revealing the stakes for both immigration policy and central banking.
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Court Views Fed As Distinct
- The Supreme Court allowed Lisa Cook to remain a Fed governor temporarily while it fully examines the case.
- The court signaled it may treat the Federal Reserve as legally distinct from other independent agencies.
Dispute Centers On 'For-Cause' Meaning
- The Cook case focuses on what 'for-cause' removal actually means rather than whether such protections are constitutional.
- Key issues include scope of cause, due process requirements, and who decides if cause exists.
Social Posts Not Enough For Due Process
- The Trump administration argued presidential social-media posts gave Cook notice sufficient to satisfy due process.
- Cook counters that public posts cannot replace formal notice and an opportunity to be heard.