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Judge blocks Trump from firing Fed Governor Lisa Cook for now

Lisa Cook takes the oath of office to serve as a member of the Board of Governors at the Federal Reserve System during a ceremony at the William McChesney Martin Jr. Building of the Federal Reserve May 23, 2022 in Washington, DC.
Drew Angerer | Getty Images
A federal judge on Tuesday night blocked President Donald Trump from firing Federal Reserve Governor Lisa Cook as her lawsuit challenging her termination plays out in court.
Judge Jia Cobb‘s issuance of a preliminary injunction in the case came nearly two weeks after Cook sued Trump to prevent him from becoming the first president in history to remove a Fed governor for purported cause.
Trump said on Aug. 25 that he was firing Cook because of suggestions by Federal Housing Finance Agency Director Bill Pulte that she had committed mortgage fraud in connection with documents she signed for two residential properties she owns in Georgia and Michigan. Those documents were signed before she joined the Fed.
Cook, who is the first Black woman to serve on the Fed board, denies any wrongdoing.
“The public interest in Federal Reserve independence weighs in favor of Cook’s reinstatement,” Cobb wrote in an opinion on her decision Tuesday in U.S. District Court in Washington, D.C.
“At this preliminary stage, the Court finds that Cook has made a strong showing that her purported removal was done in violation of the Federal Reserve Act’s ‘for cause’ provision.”
Cobb said that “the best reading” of that provision is that the bases for removing a Fed governor are limited to actions relating to that governor’s ‘behavior in office.’ “
” ‘For cause’ thus does not contemplate removing an individual purely for conduct that occurred before they began in office,” the judge wrote, referring to the allegations that Trump cited in seeking to fire Cook.
Cobb’s order enjoins Fed Chairman Jerome Powell and the Board of Governors “from effectuating in any manner” Cook’s removal because of Trump’s order.
Cook’s lawyer, Abbe Lowell, in a statement, said, “Today’s ruling recognizes and reaffirms the importance of safeguarding the independence of the Federal Reserve from illegal political interference.”
“Allowing the President to unlawfully remove Governor Cook on unsubstantiated and vague allegations would endanger the stability of our financial system and undermine the rule of law,” Lowell said.
“Governor Cook will continue to carry out her sworn duties as a Senate-confirmed Board Governor.”
The White House and the Federal Reserve did not immediately reply to requests for comment on Cobb’s order.
The Supreme Court is expected to have the final say in the case.
Trump has been critical of the Fed, Powell, and governors, including Cook, for not cutting interest rates as the president has demanded.
“I will not resign,” Cook said hours after Trump said he was firing her.
“President Trump purported to fire me ‘for cause’ when no cause exists under the law, and he has no authority to do so.”
The Federal Reserve Act says that board governors can be removed by a president only “for cause.”
Lowell, during an Aug. 29 court hearing, scoffed at the idea that Trump had legal cause to terminate her.
“You can’t have Director Pulte’s crazy midnight tweets be the cause,” Lowell told Cobb in U.S. District Court in D.C., during that hearing.
This is developing news. Check back for updates.
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Ford rolls out new ad campaign amid industry-wide uncertainty

Ford on Wednesday rolled out a new advertising campaign that the company said will mark a “fundamental shift” in its branding strategy — and comes as the auto industry deals with major uncertainty.
The automaker’s new strategy, titled “Ready, Set, Ford,” goes beyond vehicle-first advertising, Ford said, and instead focuses on the people who buy its cars. It involves four fundamental promises: capability, passion, community and trust.
The auto industry is facing a crucial crossroads as companies deal with President Donald Trump‘s tariffs and an overall consumer pullback in spending. Despite uncertainty with various sectoral tariffs, Trump’s auto tariffs have remained more or less unchanged, with a 25% tariff charge on imported cars and auto parts.
That timing, Ford Chief Marketing Officer Lisa Materazzo said, is intentional.
“The auto industry is in the midst of historic disruption. We are fortunate in the sense that Ford has an incredible 122-year history to leverage,” she said. “So because of that, we felt like there’s no better time to double down on our commitment to our brand and our consumers than now.”
Materazzo said the company engaged in extensive research ahead of the rollout, finding a common theme of uncertainty and anxiety from consumers due to a range of factors, including the political climate and the economy.
“The other thing we found is that consumers are surprisingly optimistic and resilient, especially when they feel empowered, and they’re seeking brands that help them navigate this uncertainty,” she said.
Ford has long championed its American roots and declared it’s the “most American automaker.” That identity is now crucial to the automaker’s brand, Materazzo said, and builds on its “America for America” campaign that offered employee pricing to all consumers shortly after tariffs were initially announced.
The new strategy aims to leverage Ford’s iconic brand while simultaneously signaling that the car company is entering a new era, Materazzo said. It will unify all of Ford’s global brands for the first time in decades under the new campaign, allowing the company to “represent ourselves very consistently around the globe,” she added.
“By Q1 of 2026, all of our global markets will be in market with ‘Ready, Set, Ford,'” Materazzo said. “The majority of them will do that by Q4 of this year.”
The first rollout of the ad is kicking off in conjunction with this week’s Thursday Night Football game, as the automaker aligns itself with the NFL season, one of the largest moneymakers for advertisements leading up to the Super Bowl.
During the Covid pandemic, the auto industry pulled back significantly on advertising and marketing budgets as it dealt with supply chain issues left companies without enough vehicles to sell. Many automakers returned to advertising during the NFL season last year as vehicle inventory levels returned to more normal levels.
Even as the macroenvironment signals uncertainty, Materazzo said the company is focused on continuing to deliver on its legacy and invest in its brand.
“The industry is in the middle of a transition right now. I don’t think all brands will survive, but I think those that not just survive, but thrive, will be the ones who recognize that one of their most valuable assets is their brand,” she said. “And if you don’t invest in your brand, you’re really disadvantaging your business for the long term.”
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Suspect in stabbing of Ukrainian woman in North Carolina charged with federal crime | North Carolina

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 federal charge comes amid growing questions about why Decarlos Brown Jr was on the street despite 14 prior criminal arrests before he was accused of pulling out a knife and killing 23-year-old Iryna Zarutska in an apparently random attack captured on video.
The case has become latest flashpoint in the debate over whether cities such as Charlotte are adequately addressing violent crime, mental illness and transit safety. 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.
“Iryna Zarutska was a young woman living the American dream – her horrific murder is a direct result of failed soft-on-crime policies that put criminals before innocent people,” the US attorney general, Pam Bondi, said in a statement. “We will seek the maximum penalty for this unforgivable act of violence – he will never again see the light of day as a free man.”
Zarutska had been living in a bomb shelter in Ukraine before coming to to the US to escape the war, according to relatives, who described her as determined to build a safer life.
Video released on Friday shows Zarutska entering a light-rail train on 22 August and taking a seat in front of Brown, who was seated behind her. Minutes later, without any apparent interaction, he pulled out a pocketknife, stood and slashed her in the neck, investigators said. Passengers screamed and scattered as she collapsed.
He was charged federally with causing death on a mass transportation system, which carries up to life in prison or the death penalty. Russ Ferguson, the US attorney for the western district of North Carolina, said additional charges could be brought as the investigation continues.
The federal case will run parallel with the state case charging Brown with first-degree murder.
The death penalty is also a potential punishment for people convicted of first-degree murder in North Carolina. However, the state has not carried out an execution since 2006. Legal challenges over the use of lethal injection drugs and a doctor’s presence at executions have in part delayed action.
Brown had cycled through the criminal justice system for more than a decade including serving five years for robbery with a dangerous weapon in Mecklenburg county, according to court records. He was arrested earlier this year after repeatedly calling 911 from a hospital, claiming people were trying to control him. A judge released him without bail.
His mother told local television she sought an involuntary psychiatric commitment this year after he became violent at home. Doctors diagnosed him with schizophrenia.
Court records show a judge ordered a psychological exam in July at the request of his public defender to determine whether he was capable of contributing to his own defense. It wasn’t clear if the exam was scheduled or why it didn’t happen before the late August attack.
The Mecklenburg county public defender’s office did not answer a call on Tuesday.
Charlotte has increased security along its transit lines in response to the fatal stabbing, mayor Vi Lyles said in a letter to the city’s residents. The Democratic mayor’s letter was also critical of the court system, echoing some of the critics of the city’s response.
Lyles called the killing “a tragic failure by the courts and magistrates”, saying the city’s officers arrest people who are then quickly released.
The stabbing comes as Lyles is seeking the Democratic nomination on Tuesday in her bid for a fifth term, and uproar from Republicans, including Trump and figures in the make America great again movement.
The state auditor, Republican Dave Boliek, said his office would audit Charlotte’s transit system, looking at its safety and security budget and private security contracts.
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Week 5 Results + Scorecards | Dana White’s Contender Series Season 9

Strawweights Carol Foro and Shanelle Dyer kicked things off with a fight that brought Dana White into the Octagon to congratulate both athletes, with Foro coming away with the victory. From there, the finishes just started rolling, as Samuel Sanches stopped Chasen Blair and Freddy Vidal snatched a submission in the final minute of his fight with Felipe Franco before Lerryan Douglas detonated a left hook on the chin of Cam Teague. And then, to close out the night, Steven Asplund needed just 16 seconds to dispatch Anthony Guarascio to close out the evening.
After brief deliberations, White emerged to announce the new additions to the UFC roster, awarding contracts to both Foro and Dyer, Sanches, Douglas, and Asplund while also announcing that Vidal would get another opportunity to compete on the final episode of the season.
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