Ex-Fed and Treasury Leaders Urge Supreme Court to Protect Lisa Cook's Fed Position

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Source: CNBC
Ex-Fed and Treasury Leaders Urge Supreme Court to Protect Lisa Cook's Fed Position
Photo: CNBC
TL;DR Summary

Former Fed and Treasury officials have urged the Supreme Court to block Trump's attempt to fire Fed Governor Lisa Cook, arguing that her removal threatens the independence of the Federal Reserve and could undermine public confidence and monetary policy credibility. Cook is challenging her proposed dismissal amid allegations from Trump, which she denies, and legal battles are ongoing.

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