Supreme Court Blocks Trump's Attempt to Remove Federal Reserve Governor Lisa Cook
Financial MarketsLisa CookUpdated 6 hours ago

Supreme Court Blocks Trump's Attempt to Remove Federal Reserve Governor Lisa Cook

The US Supreme Court has ruled to block former President Trump's attempt to remove Federal Reserve Governor Lisa Cook, allowing her to retain her position while her legal case proceeds. This decision emphasizes the independence of the Federal Reserve and the ongoing tensions between the executive branch and independent financial institutions. The court's ruling defers action until January 2026, highlighting the importance of judicial review in maintaining checks and balances in government.

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