Federal Reserve Governor Lisa Cook can remain in her position while she fights President Donald Trump’s efforts to fire her.

The ruling Tuesday by a federal judge, which almost certainly will be appealed, is a blow to the Trump administration’s efforts to assert more control over the U.S. central bank, which is traditionally independent from day-to-day politics so that it can better achieve its congressionally mandated goals of stable prices and maximum employment.

U.S. District Judge Jia Cobb ruled that Cook’s challenge of her firing would likely prevail.

A Trump appointee accused Cook of mortgage fraud, saying she simultaneously claimed two properties she bought before joining the Fed were her “primary residences,” which could have resulted in lower down payments and mortgage rates. T

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