WASHINGTON — The Supreme Court on Wednesday allowed Lisa Cook to remain as a Federal Reserve governor for now, declining to act on the Trump administration's effort to immediately remove her from the central bank.

What You Need To Know

The Supreme Court is allowing Lisa Cook to remain as a Federal Reserve governor for now

The court is declining to act on the Trump administration's effort to immediately remove her

In a brief unsigned order Wednesday, the high court said it would hear arguments in January over President Donald Trump's effort to force Cook off the Fed board

The court will consider whether to block a lower-court ruling in Cook's favor while her challenge to her firing by Trump continues

In a brief unsigned order, the high court said it would hear arguments in January ove

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