Supreme Court seems inclined to keep Lisa Cook on Fed board
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Washington — A federal appeals court on Monday rejected a bid from President Trump's administration to allow the president to fire Lisa Cook from the Federal Reserve Board of Governors, leaving intact a lower court order that reinstated her to the post.
Fed policy meeting set for Tuesday and Wednesday A judge had temporarily blocked Cook's firing Administration argues broad discretion to remove Fed governors Sept 16 (Reuters) - A U.S. appeals court declined on Monday to allow Donald Trump to fire Federal ...
The decision came the day before the Federal Reserve begins a two-day meeting at which policymakers are expected to cut interest rates. By Tony Romm Colby Smith and Ben Casselman A federal appeals court on Monday denied a last-minute attempt by President ...