Trump's Fed Power Grab Fails: Cook Stays
Update: 2025-09-16
Description
Trump's bid to oust Fed Governor Lisa Cook fails in court just days before a crucial interest rate vote! A federal appeals court rejected Trump's attempt to remove Cook, reinforcing the Fed's independence and ensuring she'll participate in the upcoming decision that could impact everything from mortgages to the stock market. What does this mean for the future of monetary policy and presidential power over the Federal Reserve?
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