Appeals court rejects Trump's attempt to oust Fed Governor Cook Related news
Briana Lupea
WASHINGTON A US appeals court ruled Monday that President Donald Trump cannot fire Federal Reserve Governor Lisa Cook right before the central bank's policy meeting that will determine whether to cut interest rates. The decision by the US Court of Appeals for the District of Columbia Circuit allows Cook to participate in the Fed's pivotal two-day policy meeting that begins Tuesday morning. Trump announced on Aug. 25 that he fired Cook on the allegations of a mortgage fraud, the first Black
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