Court Allows Lisa Cook to Stay as Fed Governor Amid Trump Firing Attempt
A federal court has ruled that Federal Reserve Governor Lisa Cook can retain her position while she contests President Trump's efforts to fire her. The judge issued a temporary restraining order, highlighting significant legal questions surrounding the case, particularly regarding unverified allegations of mortgage fraud. This decision ensures Cook's continued role at the Federal Reserve for now.
Court Allows Lisa Cook to Stay as Fed Governor Amid Trump Firing Attempt
A federal court has ruled that Federal Reserve Governor Lisa Cook can retain her position while she contests President Trump's efforts to fire her. The judge issued a temporary restraining order, highlighting significant legal questions surrounding the case, particularly regarding unverified allegations of mortgage fraud. This decision ensures Cook's continued role at the Federal Reserve for now.
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