PANews reported on September 10th that a U.S. federal judge has temporarily blocked Trump's attempt to remove Federal Reserve Board Governor Tim Cook. The court will issue an injunction directing Powell and the board to allow Cook to continue serving on the board during the litigation. This is an early setback for the White House in an unprecedented legal battle that could upend the Fed's long-standing independence.PANews reported on September 10th that a U.S. federal judge has temporarily blocked Trump's attempt to remove Federal Reserve Board Governor Tim Cook. The court will issue an injunction directing Powell and the board to allow Cook to continue serving on the board during the litigation. This is an early setback for the White House in an unprecedented legal battle that could upend the Fed's long-standing independence.
US judge temporarily blocks Trump from firing Fed Governor Tim Cook
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PANews reported on September 10th that a U.S. federal judge has temporarily blocked Trump's attempt to remove Federal Reserve Board Governor Tim Cook. The court will issue an injunction directing Powell and the board to allow Cook to continue serving on the board during the litigation. This is an early setback for the White House in an unprecedented legal battle that could upend the Fed's long-standing independence.
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