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The federal judge temporarily stopped the offer of President Donald Trump, allowing it to remain at work while its legal challenge was against the president’s efforts to remove the allegations of the cheats forward.
The judgment means that Lisa Cook is likely to be able to attend a meeting with a key meeting next week.
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Key facts
In her Tuesday night judgment, DC Federal Judge Jia Cobb said, “The Court finds that the chef made a strong show that her alleged removal was contrary to the Federal Act of Reserve” for the provision “.”
The judge approved a preliminary ban requested by the federal reserve to allow the cook to continue serving the Governor’s committee for now.
Pause Cobba noticed that “the best reading provisions that allows the President to remove the Governor of the Central Bank” because “is limited to the reasons for the behavior of governors in the function” and how they perform their duty.
In addition, the judge noted that the Trump shooter of chefs violated his “procedural rights according to the procedural process of the fifth amendment,” and showed that he could face a “irreparable violation of her removal.”
The Trump administration has not yet commented on the verdict, but will probably file an appeal.
What to watch on
The preliminary ban is only a week before a highly expected meeting of the Federal Reserve next week. And 17. September, where it is expected to vote interest rates. Tuesday night judgment means that the cook is likely to be able to attend the meeting.
Key quote
The statement is shared with multiple points of sale, Cook’s Lawyer Abbe Lowell said: “This judgment recognizes and confirms the importance of protecting the independence of the federated and unclear state, the stability of our financial system. The governor of the law. The governor is the governor who confirmed the governor who confirmed the owner.”
