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Lisa Cook to remain at Federal Reserve while fighting Trump’s attempt to fire her, judge rules
Callum Jones
A federal judge has ruled that Federal Reserve board member Lisa Cook can stay in her post while suing Donald Trump over his unprecedented bid to fire her.
Cook is legally challenging the US president after he sought to remove her, citing unconfirmed allegations of mortgage fraud, amid an extraordinary campaign by his administration to strengthen its control over the US central bank.
She asked US district judge Jia Cobb to impose a temporary restraining order against Trump’s attempt to “immediately” dismiss her, pending further litigation. The administration has argued that Trump is able to fire Fed governors “for cause” and appoint replacements.
Trump has spent months attacking the Fed, where most policymakers – including Cook – have so far defied his calls for interest rate cuts. He has spoken of rapidly building “a majority” on the central bank’s board, calling into question the future of its longstanding independence from political oversight.
Trump moved to fire Cook after one of his allies, Bill Pulte, whom he tapped to lead the US Federal Housing Finance Agency, alleged she had claimed two different properties as primary residences when obtaining mortgages in 2021.
“How can this woman be in charge of interest rates if she is allegedly lying to help her own interest rates?” Pulte wrote on X. He referred the case to the Department of Justice for investigation.
After Cook declined to resign, Trump tried to remove her from the Fed’s board. The justice department is now looking into the allegations of mortgage fraud.
Leaked Ice document shows worker detained in Hyundai raid had valid visa
José Olivares
At least one of the Korean workers swept up in a massive immigration raid on a Hyundai Motor factory site in Georgia last week was living and working legally in the US, according to an internal federal government document obtained by the Guardian.
Officials then “mandated” that he agree to be removed from the US despite not having violated his visa.
The document shows that immigration officials are aware that someone with a valid visa was among the people arrested during the raid at the Hyundai factory and taken to Immigration and Customs Enforcement (Ice) detention for removal proceedings, where the people arrested remained on Tuesday before expected deportation flights back to South Korea.
The document in question reports on the man’s case and was leaked exclusively to the Guardian. It was written by an Ice agent. The Guardian is redacting the identity of the man in question, who arrived in the US in June, because it has not been possible to reach him directly and it is unclear whether he has any legal representation.
The document says that immigration agents from Atlanta “determined that [redacted] entered into the United States in [redacted], with a valid B1/B2 visa and [redacted] was employed at HL-GA Battery Company LLC as a contractor from the South Korean company SFA. From statements made and queries in law enforcement databases, [redacted] has not violated his visa; however, the Atlanta Field Office Director has mandated [redacted] be presented as a Voluntary Departure. [Redacted] has accepted voluntary departure despite not violating his B1/B2 visa requirements.”
Photo of novelty check suggests Epstein ‘sold’ Trump a woman for $22,500
Ramon Antonio Vargas
A scrapbook for Jeffrey Epstein’s 50th birthday released on Monday contains a photo of him holding a novelty check bearing Donald Trump’s signature, along with a note suggesting Epstein “sold” him a woman for $22,500, shedding further light on the longtime relationship between the president and the convicted sex offender.
The photo shows Epstein and Joel Pashcow, a longtime member of Trump’s Mar-a-Lago resort, and a third figure, apparently a woman, whose face is redacted in the image, which was shared on social media by Democrats on the House oversight committee. The caption, apparently from Pashcow, reads: “Jeffrey showing early talents with money + women! Sells ‘fully depreciated’ [redaction] to Donald Trump for $22,500.”
Epstein “showed early ‘people skills’ too”, the caption continued. “Even though I handled the deal I didn’t get any of the money on the girl!”
The check is signed “DJ Trump” in a style that differs from most of his signatures at the time.
The Wall Street Journal reported that the woman was someone whom Epstein and the now two-time US president – whose middle initial is J – “socialized with” in the 1990s. The woman’s lawyer told the newspaper that she cut ties with Epstein around 1997 and had no romantic relationship with either Epstein or Trump, does not know Pashcow, and had no knowledge of the letter, which she called a “disgusting and deeply disturbing hoax”.
White House would back forensic analysis of signature on Epstein letter
Good morning and welcome to our live coverage of US politics amid the ongoing furore over links between Donald Trump and Jeffrey Epstein, as the White House said it would support a forensic analysis of the signature on a letter purportedly given by the president to the convicted sex offender.
White House officials on Tuesday doubled down on their assertion that a sexually suggestive letter carrying what appeared to be Trump’s signature that was included in a birthday book for Epstein had not been signed by the president.
The letter, and its drawing of a naked woman’s torso, was part of a batch of documents released by the House oversight committee in response to a subpoena after its existence was first reported in July by the Wall Street Journal.
At a press briefing, Trump’s press secretary, Karoline Leavitt, denied Trump’s involvement in the letter and added that the White House would support an expert review of the signature to determine whether it had been done by Trump’s hand.
“Three separate signature analysts who said this was not the president’s authentic signature and we have maintained that all along. The president did not write this letter, he did not sign this letter,” Leavitt said.
Multiple White House officials have sought to distance Trump from the 2003 note suggesting the signature did not resemble recent examples. But officials have declined to address the fact that before his time in office, Trump regularly used only his first name in signatures, stylized with a line extending from the last letter – and Trump’s signature on a letter from 1995 closely resembled the one found on the note to Epstein.
You can read our story here
In other developments:
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President Trump said on Tuesday his administration is continuing negotiations to address trade barriers with India and that he would talk to prime minister Narendra Modi, in a sign of a reset after weeks of diplomatic friction. Trump, in a marked shift of tone, said he looked forward to speaking to Modi in the “upcoming weeks” and expressed optimism that they could finalize a trade deal.
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Trump, however, has urged EU officials to hit China and India with tariffs of up to 100% as part of a strategy to pressure Russian president Vladimir Putin, according to a U.S. official and an EU diplomat.
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A federal judge has ruled that Federal Reserve board member Lisa Cook can stay in her post while suing Donald Trump over his unprecedented bid to fire her. Cook is legally challenging the US president after he sought to remove her, citing unconfirmed allegations of mortgage fraud, amid an extraordinary campaign by his administration to strengthen its control over the US central bank.
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Trump said on Tuesday Israel’s decision to strike Qatar was made by prime minister Benjamin Netanyahu and not by the Republican leader who added that a unilateral attack on Qatar does not serve American or Israeli interests. Israel attempted to kill the political leaders of Hamas with an airstrike in Qatar on Tuesday, escalating its military action in the Middle East.
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Trump had dinner Tuesday night at a seafood restaurant near the White House, promoting his deployment of the National Guard and federalizing the police force in an effort to crack down on crime in the nation’s capital. His motorcade made the short distance to Joe’s Seafood, Prime Steak & Stone Crab on 15th Street in the northwestern quadrant of the city following weeks of the president boasting about mobilizing federal authorities and the military that he says have made Washington “a safe zone.”
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Poland shot down drones that entered its airspace on Wednesday, the first time a member of Nato is known to have fired shots during Russia’s war in Ukraine. South Carolina GOP representative Joe Wilson posted on X: “This is an act of war, and we are grateful to NATO allies for their swift response to war criminal Putin’s continued unprovoked aggression against free and productive nations.”
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The justice department on Tuesday charged a man accused of fatally stabbing a Ukrainian refugee on a North Carolina commuter train last month with a federal crime that could carry the death penalty. The Trump administration says the killing shows how local leaders, judges and policies in Democratic-led cities are failing to protect their residents from violent crime.
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The US supreme court on Tuesday temporarily halted a lower court’s order that the Trump administration spend nearly $5bn in congressionally appropriated foreign aid money that it is seeking to cancel. The order from the conservative chief justice, John Roberts, comes amid legal wrangling over Donald Trump’s moves to aggressively downsize US support of global development and emergency response, which has resulted in the dismantling of USAID.
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