Judge Blocks President Trump from Removing Federal Reserve Governor Lisa Cook
A federal judge’s ruling ensures Governor Lisa Cook remains on the Federal Reserve Board and can vote in the upcoming FOMC meeting, though the case may advance to higher courts.
Fact Check
The evidence strongly confirms the statement. Source 9, a document from the Supreme Court, explicitly refers to 'orders from the District Court for the District of Columbia enjoining the President's removal.' An injunction is a judicial order that blocks an action. The other sources provide context about the legality of the removal and the ensuing legal battle, which is consistent with a court stepping in.
Summary
A federal judge temporarily blocked President Trump’s attempt to remove Federal Reserve Governor Lisa Cook, allowing her to stay on the board and participate in next week’s FOMC meeting unless overturned by a higher court. The decision does not address the underlying allegations of mortgage fraud, which could eventually reach the U.S. Supreme Court.
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