Summary
A federal judge decided that President Trump cannot remove Federal Reserve governor Lisa Cook while she is fighting this decision in court. This ruling means she can keep her position for now, especially with an important Federal Reserve meeting coming up.
Key Facts
- A judge ruled that President Trump cannot fire Lisa Cook during her ongoing lawsuit.
- Lisa Cook is a member of the Federal Reserve Board of Governors.
- There is a legal battle about whether Cook can remain on the Fed board.
- Cook's ability to vote at an upcoming Federal Reserve meeting was previously uncertain.
- The Trump administration is expected to appeal the judge's decision.
- Cook filed her lawsuit on August 28, asking to continue in her role.
- The judge's decision is temporary while the legal process continues.
