Supreme Court Faces Pressure Over Fed Governor's Job Security

1 min read
Source: CNBC
Supreme Court Faces Pressure Over Fed Governor's Job Security
Photo: CNBC
TL;DR Summary

The Department of Justice argued that firing Federal Reserve Governor Lisa Cook would not cause a financial market disaster and urged the Supreme Court to allow Trump's attempt to remove her to proceed, despite her denial of misconduct and legal challenges claiming his reasons are unfounded and threaten Fed independence.

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