WASHINGTON — A federal judge Friday said she would set an expedited briefing schedule for Federal Reserve Governor Lisa Cook’s challenge to President Donald Trump’s attempted firing of her earlier in the week.
Cook is aiming to keep her position until her term expires in 2038, arguing that Trump’s attempt to remove her has no legal basis. U.S. District of Columbia Judge Jia M. Cobb, whom former President Joe Biden appointed in 2021, gave Cook until Tuesday to respond to the government’s brief that seeks to justify her removal.
The deadline is part of a fast-tracked briefing process for the case that could test the ability of the Federal Reserve Board to operate independently. If Cook is removed, Trump would select another member of the seven-person panel, likely meaning a majority of the