US appeals court rejects Trump bid to oust Fed’s Lisa Cook
NegativeFinancial Markets

A US appeals court has denied former President Trump's attempt to remove Federal Reserve Board member Lisa Cook from her position. This decision underscores the judiciary's role in maintaining the independence of federal institutions.
Editor’s Note: This ruling is significant as it reinforces the autonomy of the Federal Reserve, which is crucial for economic stability. Trump's efforts to influence the Fed's leadership reflect ongoing tensions between political figures and independent financial institutions.
— Curated by the World Pulse Now AI Editorial System