A federal judge has blocked President Donald Trump's
attempt to fire Federal Reserve Governor
Lisa Cook.
U.S. District Judge Jia Cobb issued a preliminary injunction requiring the Federal Reserve to let Cook continue serving in her role as a governor of the Federal Reserve System as her lawsuit moves through the courts.
Cobb's decision comes one week ahead of the Federal Reserve's next meeting, which is scheduled to begin on Sept. 16.
While the Trump administration asked the judge to delay her decision to allow an appeal, she denied their request, in part, because the public interest favors Cook staying in her role.
