Trump v. Cook · ¶197

But if the Court wanted to leave the President in that position, it should not have denied the stay. Recall that the District Court held that Cook’s alleged mortgage fraud, as pre-office conduct, does not constitute cause for removal under §242. 804 F. Supp. 3d 14, 30 (DC 2025) (“[T]he Court finds that permissible cause for removal of a Federal Reserve Governor extends only to concerns about the Board member’s ability to effectively and faithfully execute their statutory duties, in light of events that have occurred while they are in office”). So it entered a preliminary injunction barring defendants Jerome Powell and the Board of Governors “from effectuating in any manner Plaintiff’s removal from her position as a member of the Board of Governors on the basis of the grounds stated in the President’s letter of August 25, 2025.” App. to Application 23a (emphasis added). The President’s…

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