Trump demands the court to continue advancing the impeachment of Cook ahead of next week's Federal Reserve policy meeting
I'm PortAI, I can summarize articles.
The Trump administration has requested the federal appeals court to suspend the lower court's ruling that prevents the dismissal of Federal Reserve Governor Lisa Cook, asking for a decision before September 15. The urgency of this request stems from the Federal Reserve's monetary policy meeting next week, in which Cook, as a member of the FOMC, will participate. The market widely expects this meeting to lower the benchmark interest rate. Cook's legal team strongly opposes this, arguing that an administrative stay could lead to increased market uncertainty
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments