Supreme Court lets Fed Governor Lisa Cook keep job pending oral argument in January
CNBC·2025-10-01 15:00
Lisa Cook, governor of the US Federal Reserve, during a Fed Listens event in Washington, DC, US, on Friday, March 22, 2024.The Supreme Court on Wednesday allowed Federal Reserve Governor Lisa Cook to remain in her post pending oral arguments in January on whether President Donald Trump has legal cause to fire her.The court's move is a blow to Trump, who has repeatedly and unsuccessfully asked federal courts to allow him to terminate Cook from the Fed's Board of Governors without delay.Trump has cited claims ...