"An appeals court in the United States has ruled that Lisa Cook can keep her seat on the Federal Reserve for now, in a setback to President Donald Trump's bid to fire the governor over as yet unproven claims of fraud. In a 2-1 ruling issued late on Monday, the US Court of Appeals for the District of Columbia found that the Trump administration had not met the stringent requirements to stay a lower judge's ruling."
"I agree with the district court's conclusion that Cook's due process claim is likely to succeed, Garcia, an appointee of former President Joe Biden, said in the decision. Garcia said the Trump administration did not dispute that it had given Cook no meaningful notice or opportunity to respond to the allegations against her. The government argues only that Cook does not explain what difference a hearing would have made', he said."
An appeals court delivered a 2-1 decision allowing Lisa Cook to remain on the Federal Reserve while courts review her removal. The court found the Trump administration did not meet the strict requirements to stay a lower court's order and gave no meaningful notice or opportunity for Cook to respond to allegations. The majority judge concluded Cook's due-process claim is likely to succeed and distinguished entitlement to process from whether a hearing would change the outcome. The move followed President Trump's unprecedented immediate removal order and coincided with upcoming Federal Open Market Committee rate deliberations.
Read at www.aljazeera.com
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