Federal Reserve governor will keep job for now despite Trump's bid to remove her

Contributing sentiments towards policy:

46% : Trump has launched an unprecedented campaign to exert greater control over the Fed, publicly lambasting the US central bank over its decisions, installing a close ally on its board of governors, and attempting to fire Cook.
42% : Trump has made no secret of his plans to influence the Fed, publicly describing plans to swiftly build "a majority" on its interest-rate setting committee of policymakers.
41% : His battle for influence has raised questions over the independence of the Fed, which for decades has steered the US economy without political interference.
39% : On Wednesday morning the supreme court considered his attempt to remove Cook - the first-ever bid by a president to fire a Fed official - and the administration's complaints about judge's order which had temporarily blocked Trump from firing her while litigation over the termination continues in a lower court.
39% : In creating the Federal Reserve in 1913, Congress passed a law called the Federal Reserve Act that included provisions to shield the central bank from political interference, requiring governors to be removed by a president only "for cause", though the law does not define the term nor establish procedures for removal.
32% : Cook, the first Black woman to serve as a Fed governor, sued Trump in August after the president announced he would remove her.
28% : Cook has said the claims made by Trump against her did not give the president the legal authority to remove her and were a pretext to fire her because of her monetary policy stance.
13% : Trump tried to "immediately" dismiss Cook in August, citing unconfirmed allegations of mortgage fraud dating back to before she joined the Fed in 2022.

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