Trump's Fed Firing Blocked: Cook Stays, For Now
Update: 2025-09-10
Description
Judge blocks Trump's attempt to oust Fed Governor Lisa Cook amid accusations of politically motivated firing. Accused of mortgage misrepresentation, Cook denies wrongdoing, claiming clerical error. The judge ruled the firing was unjust, citing insufficient evidence and lack of due process, protecting the Fed's independence as it approaches a crucial interest rate decision. The White House plans an appeal, signaling a continued legal battle that could reach the Supreme Court.
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