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The U.S. Court of Appeals for the D.C. Circuit on Monday blocked President Donald Trump from immediately firing Lisa Cook from her role on the Federal Reserve Board of Governors, the latest in a high-stakes court fight that is almost certain to be quickly appealed to the Supreme Court.

The 2-1 ruling from Judges Gregory Katsas, Michelle Childs, and Brad Garcia keeps in place a lower court order handed down last week by U.S. District Judge Jia Cobb, which reinstated her to her role on the Fed's Board of Governors.

Judge Cobb said in the preliminary injunction last week that Trump's attempt to fire Cook likely violated the Federal Reserve Act and Cook's due process protections. That decision prompted the Trump administrati

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