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Trump admin asks court to let Lisa Cook's firing proceed

CNBC · Just In
CNBC
CNBC
Just In

The Trump administration has formally appealed to the D.C. Circuit Court of Appeals to permit the firing of Federal Reserve official Lisa Cook before an upcoming Federal Reserve meeting.

Breakdown
  • The Trump administration has asked the D.C. Circuit Court of Appeals to allow Lisa Cook's firing to proceed. 6s
  • An emergency motion was filed seeking an administrative stay and a stay pending appeal. 23s
  • The administration requested the court to rule before the upcoming Federal Reserve meeting. 34s
  • The decision could influence the votes at the Federal Reserve policy meeting. 1m 5s
  • It is unclear if the court will intervene before the meeting due to the timing. 1m 19s
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