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Trump faces key legal test in effort to exert control over Federal Reserve

Trump faces key legal test in effort to exert control over Federal Reserve
general8/29/2025

Fed governor Lisa Cook is seeking a temporary restraining order against the president’s attempt to fire her

Donald Trump’s battle to exert control over the Federal Reserve faces a key legal test today, with a governor of the central bank seeking a temporary block on his extraordinary attempt to fire her. Lisa Cook sued the US president on Thursday, with he... [2142 chars]