0311
Diamond Member
WASHINGTON (AP) — The Supreme Court on Wednesday allowed Lisa Cook to remain as a Federal Reserve governor for now, declining to act on the Trump administration’s effort to immediately remove her from the central bank.
apnews.com
In a brief unsigned order, the high court said it would hear arguments in January over Republican President Donald Trump’s effort to force Cook off the Fed board.
The court will consider whether to block a lower-court ruling in Cook’s favor while her challenge to her firing by Trump continues.
The Federal Reserve Board does not have to bow the whims 47. He has no power over the board or the board members. Sooner or later he has to learn that.
Supreme Court lets Lisa Cook remain as a Federal Reserve governor for now
The Supreme Court is allowing Lisa Cook to remain as a Federal Reserve governor for now. The court is declining to act on the Trump administration’s effort to immediately remove her.
In a brief unsigned order, the high court said it would hear arguments in January over Republican President Donald Trump’s effort to force Cook off the Fed board.
The court will consider whether to block a lower-court ruling in Cook’s favor while her challenge to her firing by Trump continues.
The Federal Reserve Board does not have to bow the whims 47. He has no power over the board or the board members. Sooner or later he has to learn that.