Central bank
The highest US court stops discharge of FED director Cook by Trump
In the clinch with the US Federal Reserve, Donald Trump wanted that Put the Fed board member Lisa Cook in front of the door. Cook complained – the Supreme Court gives her right.
The United States Supreme Court has the dismissal of Central Bank officer ordered by President Donald Trump Lisa Cook Stopped for the time being. The Supreme Court temporarily agreed on Wednesday and said that she could stay in office until a hearing in January.
Trump had justified Cook’s throw out in August with alleged false information in real estate loans. However, courts have so far kept him: First, a court in the US capital Washington temporarily put a stop to his project. Trump then turned to an appellate court who decided that Cook’s dismissal would continue to be blocked. Now the case is being negotiated before the Supreme Court.
Whoever fell out of favor with Trump – and must also fear his revenge
Susan Monarez, head of the disease protection authority
For a long time, the 50-year-old did not keep himself at the head of the CDC, the Center for Disease Control and Prevention. Just a month after her appointment, the White House Monarez put up the door again because it “does not agree with the president’s agenda”, the official reason. Even if Monarez may look similar, she doesn’t want to clear her post. In contrast to five other high-ranking CDC officials who spoiled at the same time. “Enough is enough,” wrote one of them on X.
The reason for Monarez Abrupte’s end is the creation with her direct superior, Minister of Health Robert F. Kennedy Junior. He is not only a confessing conspiracy theorist, but also a passionate vacceptic – and cuts his authorities together accordingly
© Graeme Sloan / Sipa USA / Picture Alliance
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Lisa Cook is said to have given incorrect information
A few weeks ago, the US President had announced that it would relieve Cook with immediate effect from her office. His reasoning: There are sufficient reasons for the assumption that it had given incorrect information in one or more mortgage contracts. Cook then announced legal steps through her lawyers. Trump shouldn’t call her down at all, argued Cook. She denied the allegations.
Cook continued, even if she should have unknowingly made false information, this was done years before taking office at the Fed when taking a private mortgage.
Donald Trump exerts pressure on the Fed
Last month, a judge argued in the case that the US President was only allowed to relieve a member of the FED board “for valid reasons”. So someone could not be released solely due to behaviors from the time before taking office. She also wrote that the public interest in the independence of the Fed spoke for Cooks reinstatement. The Court of Appeal then dismissed Trump’s application for appeal.
Trump has been putting pressure on the Fed for a long time. He tries to bring the Central Bank Federal Reserve (Fed) on his line and exchange the management level. The right -wing populist has been calling for a massive key interest rate from the FED for months to make real estate loans cheaper and to boost investments in the United States.
This article has been updated with new information.
AFP
EPP
Source: Stern
I have been working in the news industry for over 6 years, first as a reporter and now as an editor. I have covered politics extensively, and my work has appeared in major newspapers and online news outlets around the world. In addition to my writing, I also contribute regularly to 24 Hours World.
