The Supreme Court is allowing Lisa Cook to remain as a Federal Reserve governor for now. The court is declining to act on the Trump administration’s effort to immediately remove her.
In a brief unsigned order Wednesday, the high court said it would hear arguments in January over President Donald Trump’s effort to force Cook off the Fed board.
The White House said it looks forward to “ultimate victory” after presenting those oral arguments. Cook’s lawyers praised the court for “rightly” letting her stay in her job. The justices will consider whether to block a lower-court ruling in Cook’s favor while her challenge to her firing by Trump continues.
The high-court order was a rare instance of Trump not quickly getting everything he wants from the justices in an emergency appeal.
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