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Supreme Court Lets Fed Governor Stay | US News
The Supreme Court just gave Federal Reserve Governor Lisa Cook a temporary reprieve, letting her stay on the board while her legal battle against Trump’s attempt to remove her continues. Trump had pushed for her ouster over alleged mortgage missteps, but the Court sided with preserving Fed independence — recognizing the central bank’s unique role in the economy. Cook, appointed by Biden, denies the claims, while Trump vows to keep fighting. Though Cook’s seat is safe for now, the broader ruling expands presidential power over agencies — a win for Trump’s agenda elsewhere. Markets are watching…
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