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Supreme Court Lets Fed’s Lisa Cook Stay in Job for Now

Supreme Court Lets Fed’s Lisa Cook Stay in Job for Now
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Supreme Court Lets Fed’s Lisa Cook Stay in Job for Now The US Supreme Court refused to let President Donald Trump immediately fire Federal Reserve Governor Lisa Cook in a case that tested the central bank’s independence from the White House. Voting 5-4, the high court said Cook can stay in her job while she fights Trump’s bid to oust her over unproven mortgage fraud allegations.

Supreme Court Lets Fed’s Lisa Cook Stay in Job for Now The US Supreme Court refused to let President Donald Trump immediately fire Federal Reserve Governor Lisa Cook in a case that tested the central bank’s independence from the White House. Voting 5-4, the high court said Cook can stay in her job while she fights Trump’s bid to oust her over unproven mortgage fraud allegations.
Supreme Court (ORG) Fed (ORG) Lisa Cook Stay (PERSON) The US Supreme Court (ORG) Donald Trump (PERSON) Federal Reserve (ORG) Lisa Cook (PERSON) the White House (LOCATION) Cook (PERSON) Trump (ORG)
Originally published by Bloomberg Markets Read original →