Sept. 15 (UPI) -- A federal appeals court on Monday rejected President Donald Trump's attempt to fire Federal Reserve Governor Lisa Cook, handing the American president another legal defeat in his effort to gain influence over the independent monetary policy-setting agency.
The three-judge panel of the U.S. Court of Appeals for the D.C. Circuit issued a 2-1 emergency ruling Monday, ahead of the central bank's start of monetary policy meetings on Tuesday.
The Trump administration had asked the appeals court to allow the president to fire Cook, the first Black woman to sit on the Federal Reserve Board, ahead of the meeting, but the court rejected his request, finding the administration had denied her due process protections.
"The government does not dispute that it failed to provide Cook even minimal process -- that is, notice of the allegation against her and a meaningful opportunity to respond -- before she was purportedly removed," Judges Bradley Garcia and Michelle Childs, both President Joe Biden appointees, wrote in the ruling.
"Granting the government's request for relief when Cook has received no meaningful process would contravene that principle."
