Washington, D.C. Circuit Court of Appeals rejects Trump's request to remove Fed governor Lisa Cook

The U.S. Court of Appeals rejected Trump's request to remove Fed Director Lisa Cook from his post and allowed him to attend the upcoming Federal Open Market Committee meeting. The court dismissed the mortgage fraud charge, deciding that its justification was insufficient to remove the post and maintained the Fed's independence. Cook will remain in office as the Federal Reserve prepares to make a key interest rate decision.