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A federal appeals court blocked President Trump from firing Federal Reserve governor Lisa Cook, just ahead of a key vote on interest rates.
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The Republican-controlled Senate on Monday voted in favor of President Donald Trump's nominee for Federal Reserve governor, Stephen Miran, ending some of the uncertainty around this week's Fed meeting that's widely expected to deliver a cut to interest rates.
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An appeals court ruled Monday that Lisa Cook can remain a Federal Reserve governor, rebuffing President Donald Trump's efforts to remove her just ahead of a key vote on interest rates.
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