US President Donald Trump has waged a long-standing war against the American central bank, the Federal Reserve, because he thinks it should be cutting interest rates aggressively. And to get his way, he is willing to fire employees. But the courts, including the highest of them, are not being particularly compliant.

On Wednesday, the US Supreme Court allowed Lisa Cook — one of the members of the Board of Governors of the Federal Reserve System — to continue in her job for at least a few months until it hears arguments in a case over whether Trump can sack her.

Cook, who first became a member of the System in May 2022 to complete an unexpired term and was later in September 2023 reappointed for a full 15-year term, has been accused by Trump of fraud – according to the President, Cook

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