POLITICS

Supreme Court rules Lisa Cook can stay in Federal Reserve role for now

The US Supreme Court has allowed Federal Reserve Governor Lisa Cook to remain in her position temporarily. The court denied President Trump's request to immediately remove Cook, who was accused of mortgage fraud. Cook denies the allegations, asserting her firing is politically motivated due to her stance on monetary policy. The Supreme Court will hear arguments on her dismissal in January, preventing political interference with the independent central bank for now.

Reviewed by JQJO team

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