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Dean John Sauer

Trump administration seeks emergency order from Supreme Court to remove Lisa Cook from the Fed board

Trump administration seeks emergency order from Supreme Court to remove Lisa Cook from the Fed board

After an appeals court ruled against the Trump administration in its attempt to remove Federal Reserve board member Lisa Cook, the administration has now turned to the Supreme Court for help. The Republican-led effort, described by legal experts as unprecedented, challenges the independence of the Fed’s seven-member board. No president in the Fed’s 112-year history…

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