Judge temporarily blocks Trump from firing Fed Governor Cook
Source: BBC
A federal judge has temporarily blocked President Donald Trump from sacking Federal Reserve Governor Lisa Cook, who is part of the board responsible for setting US interest rates.It marks an early setback for the White House in an unprecedented legal battle over the independence of the central bank.In August, Trump said he had sacked Ms Cook but the Fed has said she remains as a governor.But the preliminary…
This is aggregated or syndicated coverage. Reporting and media belong to the original publisher.
Read the original source at BBC