Supreme Court appears likely to allow Lisa Cook to remain on Fed board
The Washington Post • • business
Key Points:
- The Supreme Court is expected to block President Donald Trump from immediately removing Lisa Cook, a Democratic appointee, from the Federal Reserve Board.
- This decision would maintain Cook's position while a lawsuit challenging her removal is ongoing.
- Preventing Cook's immediate dismissal limits Trump's ability to increase his influence over the Federal Reserve, which plays a crucial role in managing the U.S. economy.
