A federal appeals court late on July 25 temporarily paused a lower court ruling preventing President Donald Trump from firing two of the three members of a financial regulator’s board.
The National Credit Union Administration (NCUA) insures deposits at federally insured credit unions.
A three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit granted the government’s emergency motion to stay a July 22 ruling by District Judge Amir Ali of the U.S. District Court for the District of Columbia.
Ali said Trump lacked legal authority to fire Senate-confirmed NCUA board members Todd Harper and Tanya Otsuka in April….
Appeals Court Allows Trump to Fire Credit Union Regulators for Now
