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US Supreme Court rejects Trump's move to fire Federal Reserve Governor Lisa Cook
short by Ankush Verma / on Monday, 29 June, 2026
The US Supreme Court on Monday rejected President Donald Trump's move to fire Federal Reserve Governor Lisa Cook. In a 5-4 ruling, the court blocked Trump's bid to become first US President to remove a Fed official since the central bank's creation in 1913. Trump had cited unproven mortgage fraud allegations to oust Cook.
read more at Reuters