Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
High court delays ruling on firing of Fed’s Cook
Los Angeles Times
|October 02, 2025
The Federal Reserve official can stay in her post as justices give the case a full hearing.
LISA COOK was fired from her position as a Federal Reserve Governor by President Trump, who cited unproven allegations of mortgage fraud in his decision.
(MARK SCHIEFELBEIN Associated Press)
The Supreme Court on Wednesday put off a decision on whether President Trump can fire Federal Reserve Governor Lisa Cook and said it would hear arguments on the case in January.
The court’s action allows Cook to remain in her position, and it prevents Trump from taking majority control of the historically independent central bank board.
The president said he fired Cook “for cause,” citing mortgage documents she signed in 2021 confirming that two different properties were her primary residence.
But the flap over her mortgages arose as Trump complained that the Federal Reserve Board, including Cook, had not lowered interest rates to his satisfaction.
“We will have a majority very shortly,” Trump said after he fired Cook.
Denne historien er fra October 02, 2025-utgaven av Los Angeles Times.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Los Angeles Times
Los Angeles Times
Murder charge added in National Guard attack
Suspect faces new count after one of the two soldiers shot in Washington dies.
4 mins
November 29, 2025
Los Angeles Times
Student is deported after trying to fly home for holiday
A college freshman trying to fly from Boston to Texas to surprise her family for Thanksgiving was instead deported to Honduras in violation of a court order, according to her attorney.
1 min
November 29, 2025
Los Angeles Times
Bonta sues feds to stop homeless housing slashes
California Atty. Gen. Rob Bonta sued the Trump administration Tuesday seeking to stop a federal policy change that advocates say could force 170,000 formerly homeless Americans back on the streets or into shelters.
2 mins
November 29, 2025
Los Angeles Times
He's back, but Ducks go on attack
Perry gives Kings lift at 40 while his first-place former team stages big rally for crosstown win
4 mins
November 29, 2025
Los Angeles Times
Morgan Stanley warns Oracle's credit protection is nearing its high
A gauge of risk on Oracle Corp.'s debt reached a three-year high in November, and things are only going to get worse in 2026 unless the database giant is able to assuage investor anxiety about a massive artificial intelligence spending spree, according to Morgan Stanley.
3 mins
November 29, 2025
Los Angeles Times
Buckeyes trying to buck upset trend in rivalry
\"The Game\" has had many upsets, including last year when Michigan stunned Ohio State as nearly a 20-point underdog.
3 mins
November 29, 2025
Los Angeles Times
Florida’s coaching search pivots from Kiffin to Sumrall
Florida is moving on from Lane Kiffin and targeting Tulane’s Jon Sumrall as its next coach, a person familiar with the search told the Associated Press.
3 mins
November 29, 2025
Los Angeles Times
Lakers deem NBA Cup court too slippery for player safety
The Lakers did not use their special NBA Cup court during a group stage game Friday against the Dallas Mavericks after the team raised concerns that it was too slippery.
2 mins
November 29, 2025
Los Angeles Times
Russia outlaws Human Rights Watch as 'undesirable' group
Russian authorities Friday outlawed Human Rights Watch as an “undesirable organization,” a label that under a 2015 law makes involvement with such organizations a criminal offense.
1 mins
November 29, 2025
Los Angeles Times
Student rolls across nation are plunging amid ICE raids
School districts have tens of thousands fewer pupils, including foreign newcomers.
5 mins
November 29, 2025
Listen
Translate
Change font size