The Supreme Court has temporarily blocked President Donald Trump from removing Federal Reserve Governor Lisa Cook, rejecting his emergency request and agreeing to hear oral arguments in January, per USA Today.

Trump had asked the Supreme Court to override a lower court ruling that stopped him from firing Cook, who was appointed by former President Joe Biden in 2022 and is the first Black woman to serve on the Fed board. The president claimed Cook made false statements on mortgage applications prior to her appointment, allegations that the Fed governor denies.

Cook’s attorneys argue that Trump is peddling false mortgage fraud allegations to remove her from the Fed board for political reasons.

“The President purported to remove Governor Cook only after repeatedly criticizing her and her c

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