Judge Temporarily Blocks Trump from Firing Fed Governor Lisa Cook

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Source: CNBC
Judge Temporarily Blocks Trump from Firing Fed Governor Lisa Cook
Photo: CNBC
TL;DR Summary

A federal judge temporarily blocked President Trump from firing Federal Reserve Governor Lisa Cook while her lawsuit challenging her removal is ongoing, citing concerns over the violation of the Fed's independence and the 'for cause' removal provisions. The case highlights tensions over presidential influence on Fed appointments and dismissals.

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