Supreme Court lets Lisa Cook remain as a Federal Reserve governor for now

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The U.S. Supreme Court in Washington, D.C. (IL file photo)

The Supreme Court on Wednesday allowed Lisa Cook to remain as a Federal Reserve governor for now, declining to act on the Trump administration’s effort to immediately remove her from the central bank.

In a brief unsigned order, the high court said it would hear arguments in January over President Donald Trump’s effort to force Cook off the Fed board.

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