Overview
- An unsigned Supreme Court order blocks President Trump’s attempt to remove Fed Governor Lisa Cook, keeping her in office at least until January.
- The Court agreed to hear Cook’s case with oral arguments scheduled for January, leaving the timing of a final ruling unresolved.
- The White House accuses Cook of mortgage‑application misconduct, which she denies, and earlier failed to bar her from a September monetary policy meeting.
- Reporting describes the removal push as part of a broader effort to reshape independent economic institutions, as recent appointee Stephen Miran dissented for a larger rate cut.
- The White House pulled E. J. Antoni’s nomination to lead the Bureau of Labor Statistics after signs of Senate opposition, following August’s firing of Commissioner Erika McEntarfer and ensuing controversy over jobs data.