Fed, interest rates
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The case could determine if President Trump is free to remake the Federal Reserve Board by removing a Democratic appointee who he says may have broken the law.
The petition comes one day after Cook joined Fed Chair Jerome Powell in an 11-1 vote for a quarter-point cut to the federal funds rate.
2don MSN
Appeals court rejects Trump's bid to unseat Federal Reserve governor Lisa Cook ahead of rate vote
An appeals court has ruled that Lisa Cook can remain a Federal Reserve governor, rebuffing President Donald Trump’s efforts to remove her just ahead of a key vote on interest rates