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Fed’s Lisa Cook can stay at central bank while challenging Trump’s attempt to fire her, Supreme Court rules

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Fed’s Lisa Cook can stay at central bank while challenging Trump’s attempt to fire her, Supreme Court rules

The Supreme Court refused to allow President Donald Trump to fire Federal Reserve governor Lisa Cook, in a move that strengthens the independence of the world’s most powerful central bank.

Fed’s Lisa Cook can stay at central bank while challenging Trump’s attempt to fire her, Supreme Court rules


Source:MarketWatch

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Sourcehttps://www.marketwatch.com/story/supreme-court-allows-lisa-cook-to-stay-on-at-fed-for-now-whats-next-as-trump-tries-to-fire-her-06bfb9ee