COINOTAG News on August 29 cited a Politico reporter and Xinhua News, reporting that the Federal Reserve has no institutional position regarding President Trump‘s effort to remove Lise Kudlow. The Fed requested the judge issue a prompt ruling and stated it will abide by any judicial decision.
The statement, as reported, is procedural in nature and does not convey guidance on monetary policy, such as interest-rate direction or balance-sheet operations. The Fed’s expressed deference to the judicial process limits the announcement to legal posture rather than economic strategy.
Readers and market participants should rely on official releases and court records for confirmed developments; this account reflects sourced reporting without extrapolating future policy actions.