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Federal Reserve · United StatesFederal Reserve Governor Lisa Cook is asking a U.S. appeals court to reject the Trump administration’s latest bid to remove her from her post ahead of the central bank’s next vote on interest rates. In a filing with the court Saturday, attorneys on behalf of Cook asked the court to refuse an emergency request by the Trump administration for a stay of a lower court ruling that would clear the way for President Donald Trump to remove Cook from the Federal Reserve’s board of governors.See the Story
Fed governor Cook asks appeals court to reject White House’s bid to remove her from Fed board
56% Center coverage: 73 sources
Trade · United States Global shares were trading mixed Monday, as markets looked ahead to a possible move by the U.S. Federal Reserve later this week to cut interest rates. France’s CAC 40 jumped 1.2% in early trading to 7,915.30, while the German DAX gained 0.6% to 23,838.03. Britain’s FTSE 100 was little changed, inching down less than 0.1% to 9,282.51. U.S. U.S. shares were set to drift higher with Dow futures gaining 0.2% to 46,287.00. S&P 500 futures rose nearly 0.1% to 6,650.50. In Asia, Hong Kong’s Hang Seng added 0.2% to 26,446.56. The Shanghai Composite edged down 0.3% to 3,860.50.See the Story
Global Shares Trade Mixed as Focus Shifts to Fed's Next Move
52% Center coverage: 42 sources
US Politics · United StatesThe White House is continuing its push to remove Federal Reserve board of governors member Lisa Cook, filing a response in federal appeals court ahead of a 3 p.m. deadline on Sunday.
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Trump administration reiterates need to fire Lisa Cook from Fed board
75% Center coverage: 8 sources
