Trump Fights Court Order Protecting Fed Governor Cook’s Seat Ahead of Rate Cut Decision

President Trump is challenging a federal court injunction that prevents him from removing Federal Reserve (Fed) Governor Lisa Cook, filing appeals arguing his “ for cause ” removal power extends beyond misconduct committed while in ￰1￱ legal battle intensifies as economists expect a 25 basis-point rate cut on September 17, with Trump demanding aggressive monetary easing and threatening “ major lawsuits ” against Fed ￰2￱ dispute stems from Trump’s August attempt to fire Cook over alleged false mortgage statements, which her lawyers called baseless.) September 12, 2025 Stalling job growth and downward revisions erasing 900,000 jobs from 12-month data drove the unanimous consensus ￰3￱ Price Index unexpectedly declined 0.1% in August against forecasts for a 0.3% increase, while weekly jobless claims spiked to 263,000, the highest since October ￰4￱ combination of softer inflation and labor market weakness prompted the Fed to prioritize employment support over price stability concerns.

Trump’s frustration stems from believing current rates unnecessarily burden federal borrowing costs, arguing that Europe implemented ten rate cuts while the Fed delivered none despite similar economic ￰5￱ president claims that lowering rates by one percentage point could save $300 billion ￰6￱ acknowledged at Jackson Hole that employment risks may outweigh inflation concerns, signaling the central bank’s preparation to act. However, he stressed policy remains “ data-dependent ” and warned against assuming rapid easing ￰7￱ surged above $116,000 following inflation data that reinforced rate cut expectations, with spot ETFs drawing $553 million in net inflows as investors positioned for monetary ￰8￱ analysis reveals breakouts from descending channels, with potential targets of around $120,000.8-year Bitcoin holder dumps another $136M following $4B ETH trade as whale still controls $5.43B across four addresses. #Bitcoin #ETH ￰0￱ — ￰9￱ (@cryptonews) September 15, 2025 However, recent whale selling activity poses risks to bullish projections , with an eight-year Bitcoin holder resuming liquidations after offloading $4 billion worth of BTC for Ethereum since ￰10￱ renewed selling pressure could challenge technical targets, though a dovish Fed decision on September 17 may restore market optimism and institutional ￰11￱ forward, the constitutional crisis over Fed independence coincides with market expectations for aggressive easing, creating massive tensions between presidential authority and central bank ￰12￱ is highly anticipating the May 2026 timeline for Powell’s term expiration.