Posted on Sep 11, 2025 / USA
A federal judge has blocked President Trump’s effort to fire Fed Governor Lisa Cook, citing legal protections that may shield her position for now. Trump had claimed that pre-appointment allegations justified her removal, but Cook denies any wrongdoing. The dispute seems headed toward the Supreme Court, since the lower-court ruling could be appealed. This adds to growing tensions between the White House and independent financial regulators. Markets and policy watchers see this as a test case for how far presidential authority extends over central bank oversight.
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