The US Supreme Court has given Federal Reserve Governor Lisa Cook temporary permission to continue in her role while President Trump’s request to remove her is being reviewed. The court will schedule arguments in January to determine the outcome of her dismissal. A separate lawsuit challenging her dismissal is ongoing, and a decision on removing her from the central bank’s board is on hold until then.
Source: https://www.wsj.com/us-news/law/supreme-court-lisa-cook-update-9f954366