President Donald Trump has restarted his effort to remove Federal Reserve Governor Lisa Cook, reopening an unprecedented clash over the independence of the nation’s central bank just weeks after the Supreme Court blocked his initial attempt. The White House notified Cook this week that Trump is considering firing her over …
Read More »Supreme Court Allows Lisa Cook to Remain on Fed Board for Now
The Supreme Court on Wednesday allowed Federal Reserve Governor Lisa Cook to remain in her position for now, declining to act on the Trump administration’s emergency bid to immediately remove her from the central bank. In a brief unsigned order, the justices said they would hear arguments in January on …
Read More »Judge Blocks Trump From Firing Fed Governor Lisa Cook
A federal judge on Tuesday ruled that Lisa Cook can remain on the Federal Reserve’s Board of Governors while her lawsuit challenging President Donald Trump’s attempt to remove her moves forward, delivering a major rebuke to the White House and a defense of the Fed’s independence. U.S. District Judge Jia …
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