
Trump asks the Supreme Court to allow him to fire Fed member Lisa Cook
NBC
18:56
The Trump administration asked the Supreme Court to allow the president to immediately fire Federal Reserve board member Lisa Cook.
The Trump administration asked the Supreme Court to allow the president to immediately fire Federal Reserve board member Lisa Cook.
Lisa Cook took part in this week’s Fed policy meeting in which the central bank cut interest rates by 0.25%.
President Trump had pressed to fire Lisa Cook before the central bank’s meeting, at which the Fed voted to cut interest rates.
The Trump administration is asking the Supreme Court to allow President Trump to fire Lisa Cook from her position on the Federal Reserve Board of Governors.