Fed Board Member Lisa Cook Retains Position After Court Ruling

An appeals court in the USA has decided that Fed member Lisa Cook may continue in her position.

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Fed Board Member Lisa Cook Retains Position After Court Ruling
Photo: Mark Schiefelbein/AP/TT

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In August, the country's president Donald Trump stated that he had decided to fire Cook and claimed that she had not handled her mortgage applications in a correct manner. Trump's decision was however repealed by a court, which assessed that the president's actions were not in accordance with the law.

The government's appeal after the message is now rejected by an appellate court. Lisa Cook can thus continue in her position.

The Trump administration is now expected to turn to the Supreme Court.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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