The Supreme Court declined Wednesday to immediately remove Federal Reserve Governor Lisa Cook from her position, leaving her in place at least until the justices hear arguments in the case in January.
The court’s order, which contained no dissents, came in response to an emergency request from the Justice Department seeking to lift a lower-court injunction that has blocked President Trump from removing Cook from the central bank’s Board of Governors.
President Trump moved to dismiss Cook in August, citing mortgage fraud allegations. Cook sued to block her removal, and a federal district court issued a preliminary injunction in her favor…
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