President Donald Trump has filed an emergency appeal with the United State Supreme Court seeking to stay a lower court order temporarily blocking the removal of Lisa Cook as governor on the Federal Reserve Board. Solicitor General John Sauer argues on behalf of the administration that lower courts have no authority to second-guess the president's judgment on what constitutes "cause" for her removal, as allowed under federal law. The government insists the allegations that Cook engaged in mortgage fraud -- prior to her appointment and confirmation to the Fed -- constitute sufficient grounds for the president's decision, and that Cook is not entitled to any due process as a presidential appointee. "Put simply, the President may reasonably determine that interest rates paid by the American pe
Trump asks SCOTUS to let him remove Lisa Cook from Fed Reserve

56