Divided D.C. Circuit Panel Rules Trump May Not Remove Fed Board Member

A divided three-judge panel of the D.C. Circuit appeals court ruled on Monday night that President Trump may not remove Lisa Cook from her position on the Federal Reserve Board.

The White House has announced that it will appeal the Circuit’s decision to the Supreme Court. There is urgency because the Federal Open Market Committee (FOMC) begins its two-day meeting today, on the agenda of which is the question of whether or not interest rates should be cut. It is unclear whether the Court would intervene at this late hour.

About the Author

Andrew C. McCarthy

Andrew C. McCarthy is a senior fellow at National Review Institute, an NR contributing editor, and author of Ball of Collusion: The Plot to Rig an Election and Destroy a Presidency.

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A divided three-judge panel of the D.C. Circuit appeals court ruled on Monday night that President Trump may not remove Lisa Cook from her position on the Federal Reserve Board.

The White House has announced that it will appeal the Circuit’s decision to the Supreme Court. There is urgency because the Federal Open Market Committee (FOMC) begins its two-day meeting today, on the agenda of which is the question of whether or not interest rates should be cut. It is unclear whether the Court would intervene at this late hour.

About the Author

Andrew C. McCarthy

Andrew C. McCarthy is a senior fellow at National Review Institute, an NR contributing editor, and author of Ball of Collusion: The Plot to Rig an Election and Destroy a Presidency.