Appeals court rejects Trump’s bid to oust Lisa Cook from the Fed ahead of crucial interest rate decision
NegativeFinancial Markets

An appeals court has rejected Donald Trump's attempt to remove Lisa Cook from the Federal Reserve, citing violations of her due process rights. This decision comes just before a significant interest rate decision.
Editor’s Note: This ruling is important as it underscores the legal protections for Federal Reserve officials and could impact the central bank's decision-making process during a critical economic period.
— Curated by the World Pulse Now AI Editorial System