With the Fed set to meet on Tuesday, it wasn’t immediately clear if the White House would make a last-ditch effort in the courts to stop Cook from attending. As of Tuesday morning, there was no indication that they’d asked the US Supreme Court to intervene overnight.
The White House says it will appeal a court decision blocking President Donald Trump’s attempt to oust Federal Reserve Governor Lisa Cook — ratcheting up a legal fight with major implications for the US central bank.
“The president lawfully removed Lisa Cook for cause,” Kush Desai, a White House spokesperson, said in a statement. “The administration will appeal this decision and looks forward to ultimate victory on the issue.”
