Supreme Court Lets Lisa Cook Stay On Fed Board Until At Least January

The Supreme Court will allow Federal Reserve Governor Lisa Cook to remain on the board for now.

The justices will consider the Trump administration’s request to remove her during oral arguments in January, according to the court’s order.

The Trump administration urged the Supreme Court to block her reinstatement to the board by a lower court in September. President Donald Trump fired her over mortgage fraud allegations in August.

This is a breaking news story and will be updated.

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