The US Supreme Court has rejected Trump's immediate removal of Federal Reserve Governor Tim Cook
2025-10-01 14:47:09
On October 1st, the US Supreme Court refused to allow Trump to immediately remove Federal Reserve Governor Cook, who is fighting to retain his position through litigation, dealing a blow to Trump's efforts to tighten his control over the Federal Reserve. According to an order issued on Wednesday, < b > the ruling means Cook can remain in office until the justices hear arguments on the case in January next year . Cook has held on to her post since late August, after Trump had said he would remove her on "mortgage fraud" grounds, but Cook denied the accusation.
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