A federal court sides with Lisa Cook, ruling she can remain the Fed's governor for now

Contributing sentiments towards policy:

43% : If Trump can replace Cook, he may be able to gain a 4-3 majority on the Fed's governing board.
40% : Trump appointed two board members during his first term and has nominated a key White House economic adviser, Stephen Miran, to replace Adriana Kugler, another Fed governor who stepped down unexpectedly Aug. 1.
35% : Trump has said he will only appoint to the Fed people who will support lower rates.
34% : Trump, a Republican, said he was firing Cook on Aug. 25 over allegations raised by one of his appointees that she committed mortgage fraud related to two properties she purchased in Ann Arbor, Michigan, and Atlanta in 2021, before she joined the Fed.
25% : Trump has said he thinks it should be as low as 1.3%, a level that no Fed official and few economists support.
24% : "President Trump lawfully removed Lisa Cook for cause due to credible allegations of mortgage fraud from her highly sensitive position overseeing financial institutions on the Federal Reserve Board of Governors," White House spokesman Kush Desai said Wednesday in a statement.
23% : The White House insisted Trump had the right to fire Cook.
19% : "President Trump has not stated a legally permissible cause for Cook's removal," the ruling added.
14% : Trump has repeatedly attacked Powell and the other members of the Fed's interest-rate setting committee for not cutting the short-term interest rate they control more quickly.

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