Court Blocks Trump's Attempt to Remove Federal Reserve Governor Lisa Cook
Financial MarketsLisa CookUpdated 21 hours ago

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

A federal court has ruled against former President Trump's efforts to remove Lisa Cook from the Federal Reserve, allowing her to continue her role ahead of the September meeting. This decision comes as the Senate confirms Stephen Miran to the board, with investors speculating on a possible interest rate cut.

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Trump fails to oust Lisa Cook from Fed ahead of rates decision
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A court ruling has prevented former President Trump from removing Lisa Cook from the Federal Reserve. This decision coincides with the Senate's confirmation of Cook as a member of the US central bank's board.
Editor’s Note: This ruling is significant as it reinforces the independence of the Federal Reserve and highlights the ongoing political dynamics surrounding appointments to key financial positions.
Federal court blocks Trump from sacking Lisa Cook
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A federal court has blocked President Trump from removing Lisa Cook from her position, highlighting tensions between the administration and the US central bank.
Trump's pressure campaign weighs on US Federal Reserve September meeting
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A US court has ruled that Federal Reserve board governor Lisa Cook can remain in her position despite President Trump's attempts to remove her. This allows her to participate in the upcoming September meeting. Additionally, Stephen Miran has been confirmed by the Senate to join the board. Investors anticipate a potential interest rate cut of 0.25 basis points.

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