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Home World Australia

Supreme Court Allows Cook to Stay on Federal Reserve

1 October 2025
in Australia
0
Supreme Court Allows Cook to Stay on Federal Reserve
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The US Supreme Court will hear arguments in January regarding President Trump’s attempt to remove Federal Reserve governor Lisa Cook, who remains in her position for now. A lower court ruled that Trump’s claims of Cook committing mortgage fraud were likely insufficient grounds for her removal, as the Federal Reserve Act requires “cause” for such actions.

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Tags: CookCourtcrimefederalNewsReservestaySupreme
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