United States of America - August 2025
Dismissals undermine independence of economic regulators
On 25 August, President Donald Trump attempted to fire Lisa Cook, a Governor and member of the Federal Reserve board, alleging she had engaged in mortgage fraud before she assumed office. Cook sued the Trump administration to block her firing, and she was granted a temporary injunction by a District Judge pending the resolution of the suit. The administration appealed to the Supreme Court to block the injunction. The decision to dismiss Ms. Cook came after the President’s request that the Federal Reserve cut interest rates. This follows the 1 August dismissal of Erika McEntarfer from the post of Commissioner of Labor Statistics after she released reports showing a deceleration in hiring. Critics argue that these measures constitute interference with economic and regulatory entities that enjoy political independence, as established by Congress.
Sources: The Guardian, AP, CNN, BBC, New York Times, D.C. District Court