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WASHINGTON — An appeals court ruled Monday that Lisa Cook can remain a Federal Reserve governor for now, rebuffing President Donald Trump's efforts to remove her just ahead of a key vote on interest rates.

The Trump administration is expected to quickly turn to the Supreme Court in a last-ditch bid to unseat Cook before the Fed meets. And Cook's lawsuit seeking to permanently block her firing must still make its way through the courts.

Appeals court rejects Trump's bid to unseat Federal Reserve governor Lisa Cook | News | phillytrib.com