A federal appeals court on Monday night rejected an emergency Trump administration request to remove Federal Reserve Governor Lisa Cook ahead of the central bank’s next meeting
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A federal appeals court denied a last-minute request from the Trump administration to remove Federal Reserve Governor Lisa Cook just before the central bank's upcoming meeting.
Editor’s Note: This decision is significant as it maintains the current leadership at the Federal Reserve, which plays a crucial role in the U.S. economy. The timing of the ruling, just hours before a key meeting, highlights the ongoing tensions between the administration and the central bank.
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