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The Nexus
POLITICSJun 29 · 16:53 UTCSCMP WORLDReuters

US Supreme Court rejects Trump’s unprecedented bid to fire Fed governor Lisa Cook

The US Supreme Court rejected President Donald Trump's attempt to fire Federal Reserve Governor Lisa Cook in a 5-4 ruling, preserving the central bank’s independence. The decision marked the first time a president sought to remove a Fed official since the bank’s creation in 1913.

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