Politics
Supreme Court Lets Fed’s Lisa Cook Stay in Job for Now
Key Points
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.