Reported about 9 hours ago
President Donald Trump has requested a federal appeals court to halt a lower court's ruling blocking his attempt to fire Federal Reserve Governor Lisa Cook. This request aims to expedite the case to the Supreme Court, as Trump faces allegations of improperly attempting to dismiss Cook amidst claims of mortgage fraud. Cook's legal team opposes this, arguing it could disrupt the upcoming Federal Reserve meeting and has potential implications for financial markets. The Justice Department supports Trump's action, asserting that the president's authority to remove Cook is justified.
Source: YAHOO