Donald Trump's Plans Thwarted! US District Court Rules on Fed Member Trump Tried to Dismiss

As you may recall, US President Donald Trump announced in the last days of August that he dismissed FED member Lisa Cook on the grounds that she made false statements in mortgage ￰0￱ Cook subsequently filed a lawsuit challenging President Donald Trump's decision to remove her from ￰1￱ argued that the White House lacked the authority to do so and wanted to keep her ￰2￱ News: A First in US History! Donald Trump Announces He Dismissed the Fed Member Whose Resignation He Called For! Here's What You Need to Know... As the tension between Trump and Cook continues, the court made a decision that angered Trump.

Accordingly, the US federal court banned the dismissal of FED board member Lisa ￰3￱ court thus disrupted Trump's strategy of securing a majority on the Fed ￰4￱ Rules in Trump-Cook Tension! A US District Court has rejected President Trump's decision to fire Fed member Lisa Cook, ruling that Cook can remain in her position for ￰5￱ issuing the preliminary injunction blocking Cook's dismissal, ￰6￱ Court Judge Jia Cobb emphasized that Cook's retention is critical to the Fed's independence: “There is no reason to dismiss a FED ￰7￱ public interest in the Fed's independence favors Cook's ￰8￱ phrase “just cause for dismissal” does not mean that an individual is dismissed solely for conduct that occurred before assuming office. *This is not investment ￰9￱ Reading: Donald Trump's Plans Thwarted!

US District Court Rules on Fed Member Trump Tried to Dismiss