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Trump administration requests emergency ruling to remove Lisa Cook from Fed board
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Trump administration requests emergency ruling to remove Lisa Cook from Fed board

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The request represents an extraordinary effort by the White House to shape the board before the Fed's interest rate-setting committee meets next Tuesday and Wednesday.

Trump sought to fire Cook Aug. 25, but a federal judge ruled late Tuesday that the removal was illegal and reinstated her to the Fed’s board. Trump has accused Cook of mortgage fraud because she appeared to claim two properties as “primary residences... [2368 chars]

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Source: PBS

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