Supreme Court Rules Lisa Cook Can Remain at Fed for Now

The US Supreme Court refused to let President Donald Trump immediately fire Federal Reserve Governor Lisa Cook. In a 5-4 vote, the high court said Cook can stay in her...

By Bloomberg Markets · Bloomberg Markets

The US Supreme Court refused to let President Donald Trump immediately fire Federal Reserve Governor Lisa Cook. In a 5-4 vote, the high court said Cook can stay in her job while she fights Trump’s bid to oust her over unproven mortgage fraud allegations. Michael McKee reports on Bloomberg Television. (Source: Bloomberg)