A federal judge in Washington, D.C., declined to immediately block President Donald Trump from removing Federal Reserve Board Governor Lisa Cook on Friday, leaving her fate at the central bank uncertain amid allegations of mortgage fraud, CNBC reported.

A hearing in the United States District Court for the District of Columbia ended without a ruling on Cook’s request for a temporary restraining order that would bar Trump from firing her while her lawsuit against the president proceeds.

Judge Jia Cobb said the case raises “important questions that may be of first impression, particularly as it applies to this board.”

Read more at Newsmax© 2025 Newsmax. All rights reserved.