Supreme Court blocks Trump from
Photo: Mark Schiefelbein/AP/TT

Supreme Court blocks Trump from firing Federal Reserve governor Lisa Cook

The US Supreme Court has ruled that President Donald Trump does not have the right to immediately fire Federal Reserve governor Lisa Cook.

Trump has been trying to get rid of Cook since August last year, accusing her of not handling his mortgage applications properly.

But the Supreme Court finds, by a vote of 5 to 4, that the president cannot dismiss Fed officials at will.

Cook welcomes the decision, saying it “affirms” the central bank’s independence.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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