A divided federal appeals court has ruled that President Trump illegally fired Lisa Cook from her position as a member of the Federal Reserve Board.
The decision, by a three-judge panel of the U.S. Court of Appeals for the District of Columbia, means that Cook may vote on whether to cut interest rates during a two-day meeting that started today.
Connecticut Gov. Ned Lamont signed a data privacy bill that strengthens the state’s consumer protection laws at a ceremony in Norwalk on Monday.
The law regulates junk fees and price gouging and includes safeguards to prevent companies from eavesdropping on connected devices.
A federal court in Nevada recently granted a motion to dismiss, reaffirming that an agency relationship between a target defendant and the people actually making the calls is necessary for a plaintiff to sustain a claim for Telephone Consumer Protection Act (TCPA) violations.
President Trump had the right to fire two Democratic NCUA board members because federal law affords them no protection from being ousted, the administration argued in federal court.
“Because Congress has not enacted any statutory restrictions on the President’s authority to remove NCUA Board Members, they are removable at will,” the administration said in a brief filed in the U.S. Court of Appeals for the District of Columbia.
In early August, President Donald J. Trump signed an Executive Order aimed at preventing financial institutions from denying or restricting services based on political or religious beliefs or lawful business activities. The measure, titled “Guaranteeing Fair Banking for All Americans,” directs federal regulators to eliminate what the administration calls “politicized or unlawful debanking.”
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