WASHINGTON (AP) — The Supreme Court on Wednesday allowed Lisa Cook to remain as a Federal Reserve governor for now, declining to act on the Trump administration’s effort to immediately remove her from the central bank. In a brief unsigned order, the high court said it would hear arguments in January over Republican President Donald […]

WASHINGTON (AP) — The Trump administration on Thursday asked the Supreme Court for an emergency order to remove Lisa Cook from the Federal Reserve’s board of governors. The Republican administration turned to the high court after an appeals court refused to go along with ousting Cook, part of President Donald Trump’s effort to reshape the […]

WASHINGTON (AP) — President Donald Trump’s vow to fire Lisa Cook, an economist who is the first Black woman to serve on the Federal Reserve’s board of governors, kicked off another tense debate and likely legal battle over a major institution’s independence. It also marks another potential high-profile ouster of a Black leader from the […]