A federal court ruled Tues that #FederalReserve Governor #LisaCook can remain in her position while she fights Trump’s efforts to fire her.

The ruling, which will be appealed, is a blow to the #Trump admin’s efforts to assert more #control over the traditionally #independent #Fed, which sets interest rates to achieve its congressionally mandated goals of stable #prices & maximum #employment. #Congress has also sought to insulate the Fed from #politics.

#law #economy
https://apnews.com/article/federal-reserve-governor-lisa-cook-trump-firing-651fcf0637cf14901bbd559df00c856b?utm_source=onesignal&utm_medium=push&utm_campaign=2025-09-09-Breaking+News