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Trump bid to remove Fed Governor Lisa Cook put on hold as US Supreme Court delays decision
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The Indian Express
Lisa Cook is accused of saying two properties were “primary residences,” which could have resulted in lower down payments and mortgage rates than if either was designated a second home or investment property.
(AP Photo)The US Supreme Court has allowed Lisa Cook to remain a Federal Reserve governor for now, declining to act on the Trump administration’s effort to immediately oust her from the central bank.
In a brief unsigned order as per AP, the court said it would hear arguments in January over President Donald Trump’s push to force Cook off the Fed board.