Lisa Cook Appeals to Supreme Court to Maintain Federal Reserve Position Amid Trump’s Firing Attempt
US NewsLisa CookUpdated 10 hours ago

Lisa Cook Appeals to Supreme Court to Maintain Federal Reserve Position Amid Trump’s Firing Attempt

Federal Reserve Governor Lisa Cook is urging the U.S. Supreme Court to reject Donald Trump's attempt to remove her from the board. Supported by former economic leaders, Cook's case emphasizes the importance of the Federal Reserve's independence and its role in economic stability. The legal proceedings could set a precedent regarding the balance of power between the presidency and independent financial institutions.

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Lisa Cook urges supreme court to reject Trump’s bid to fire her from Fed board
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Lisa Cook, a Federal Reserve governor, is urging the US Supreme Court to reject Donald Trump's attempt to remove her from the board. Her lawyers argue that this unprecedented action would undermine the independence of the Federal Reserve and potentially disrupt financial markets. This case is significant as it raises important questions about the balance of power between the presidency and independent financial institutions, which play a crucial role in the economy.
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