Supreme Court Halts Immediate Removal of Lisa Cook from Federal Reserve Board, Schedules January Hearing
Supreme Court Halts Immediate Removal of Lisa Cook from Federal Reserve Board, Schedules January Hearing In a significant decision, the U.S. Supreme Court on Wednesday ruled to allow Federal Reserve Governor Lisa Cook to retain her position on the central bank board until 2026. The high court simultaneously announced it would hear President Donald Trump’s appeal to remove Cook for cause, with oral arguments scheduled for January. The Court’s brief order did not provide an explanation for its decision, nor…