US Supreme Court refuses to allow Trump to immediately remove Federal Reserve Governor Lisa Cook
Source：
www.bloomberg.com
According to Bloomberg, the U.S. Supreme Court ruled 5-4 to temporarily block U.S. President Trump from immediately removing Federal Reserve Governor Lisa Cook. The court stated that Cook may remain in office while she pursues litigation over her dismissal. This case is viewed as an important test of the Federal Reserve's independence and the boundaries of White House power. The Trump side previously attempted to push for her dismissal based on unverified mortgage fraud allegations.
