Supreme Court Allows Lisa Cook to Remain on Fed Board Until 2026

1 min read
Source: BBC
Supreme Court Allows Lisa Cook to Remain on Fed Board Until 2026
Photo: BBC
TL;DR Summary

The US Supreme Court has allowed Federal Reserve Governor Lisa Cook to remain in her role temporarily amid ongoing legal disputes over her firing, which President Trump attempted citing mortgage fraud claims. The court's decision postpones her removal while it reviews the case, highlighting the unusual nature of firing a Fed governor and the political tensions surrounding monetary policy.

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