- An appeals court has issued a ruling that stops former President Donald Trump from dismissing Federal Reserve Board member Lisa Cook.
- The decision came from a 2-1 vote, indicating a closely divided opinion among the judges.
- This ruling poses an immediate setback for Trump, who had announced Cook’s dismissal via social media last month.
- The legal confrontation may escalate to the Supreme Court of the United States (SCOTUS) for a final resolution.
- The case underscores ongoing disputes over appointments and dismissals within federal institutions.
- The outcome of any potential SCOTUS review could have implications for the future of federal board member tenures.
Source: https://www.foxnews.com/politics/appeals-court-blocks-trump-from-firing-feds-lisa-cook-setting-stage-scotus-clash)
