22 Hrs
Source:
مباشر
Supreme Court denies Trump removal from Fed
The U.S. Supreme Court ruled that it is not permissible to dismiss Federal Reserve Board member Lisa Cook by President Donald Trump at this time, confirming the absence of a direct executive authority that allows such action currently. The ruling, issued by a 5-to-4 majority, emphasized the importance of the Federal Reserve's independence and prohibited the removal of its members except for valid reasons. It also affirmed that Cook was entitled to fair legal procedures. This decision comes about nine months after Trump attempted to dismiss her, citing allegations of mortgage loan fraud, which Cook denied. The controversy centered around the true reasons behind her removal, with claims that decisions are based on the best interests of the U.S. economy and the independence of financial institutions.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)