Agency governor is legally challenging Trump after he sought to remove her, citing unconfirmed mortgage fraud allegations

The Supreme Court is likely to have the final say on whether President Donald Trump has legal cause to remove Lisa Cook from the Federal Reserve.

The ruling, which will almost certainly be appealed, is a blow to the Trump administration’s efforts to assert more control over the traditionally independent Federal Reserve.

No president has sought to fire a Fed governor before.

Agency governor is legally challenging Trump after he sought to remove her, citing unconfirmed mortgage fraud allegations

The judge's ruling is a win for the US Federal Reserve following criticism by the president.

The decision is a win for Lisa Cook, the Federal Reserve governor whom President Trump sought to dismiss over allegations of mortgage fraud.

A federal judge has ruled President Donald Trump's attempt to fire Federal Reserve Governor Lisa Cook is illegal, and ordered her reinstatement.

La governatrice sotto indagine penale mantiene il posto mentre prosegue la battaglia legale contro l'amministrazione Trump

The Fed begins its next meeting Tuesday.