WASHINGTON (AP) — President Donald Trump is asking the Supreme Court for an emergency order to remove Lisa Cook from the Federal Reserve’s board of governors. The Republican turned to the high court Thursday after an appeals court refused to go along with his effort to oust Cook, who participated in Wednesday’s Fed vote cutting its key interest rate. Trump wants to reshape the Fed’s seven-member governing board and strike a blow at its independence. Trump accuses Cook of mortgage fraud related to properties in Michigan and Georgia. Trump’s administration says the president may reasonably determine interest rates “should not be set by a Governor who appears to have lied.” Cook denies lying and refuses to leave her post.
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