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Strategies & Market Trends : World Outlook

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To: Les H who wrote (47774)	9/18/2025 4:23:59 PM
From: Les H	Read Replies (1) of 48967

Trump asks Supreme Court for emergency order to remove Lisa Cook from Fed board Politics Sep 18, 2025 1:55 PM EDT 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 Fed’s seven-member governing board and strike a blow at its independence. The White House campaign to unseat Cook marks an unprecedented bid to reshape the Fed board, which was designed to be largely independent from day-to-day politics. No president has fired a sitting Fed governor in the agency’s 112-year history. pbs.org His nominee, Miran, dissented from the Fed decision by favoring a half-point cut in interest rates.

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