Reported about 10 hours ago
A federal judge has temporarily prevented President Donald Trump from terminating Federal Reserve Governor Lisa Cook, amid allegations of mortgage fraud. The ruling allows Cook to continue her duties, including participating in an upcoming Fed policy meeting that may address interest rate reductions. The Justice Department is expected to appeal, arguing that the allegations do not provide just cause for dismissal. Cook and her lawyer contend that the attempt to remove her is politically motivated and could destabilize the financial system.
Source: YAHOO