US EditionSupreme Court seems inclined to keep Lisa Cook on Fed board despite Trump attempt to fire her
Justices showed skepticism about firing Cook over minor mortgage discrepancies and signaled support for the Federal Reserve’s independence amid ongoing litigation.
- On January 21, 2026, the U.S. Supreme Court heard oral arguments and justices expressed skepticism about President Donald Trump's bid to fire Federal Reserve Governor Lisa Cook while litigation continues.
- Posting a termination letter on August 25, President Donald Trump cited alleged mortgage misstatements disclosed by Federal Housing Finance Agency Director Bill Pulte, though the Federal Reserve Act's 'for cause' removal rule lacks defined procedures.
- Chief Justice John Roberts told U.S. Solicitor General D. John Sauer, `If there is any level of cause... reinstated`.
- A federal judge ruled in September that Trump's removal of Cook likely violated her due process rights, and the Trump administration has asked the U.S. Supreme Court to lift that injunction while it may rule in a few months.
- A ruling could reshape the Fed's independence and markets, as economists warn removing Federal Reserve Governor Lisa Cook risks recession and lets a president remake the Fed by appointing a sympathetic majority.
235 Articles
235 Articles
Will the Supreme Court Save the Fed from Trump?
“You’re fired” was one of Donald Trump’s favorite things to say long before he became president. In the White House, he’s said it to more top appointees than any past commander-in-chief.But President Trump crossed a line when, last August, he tried to fire Lisa Cook, a member of the Federal Reserve Board of Governors. Cook is one of three Democratic appointees on the seven-member board. Replacing her could make the board more willing to adopt th…
The Supreme Court Shows It’s Willing to Thwart Trump—When Money Is on the Line
The Supreme Court Shows It’s Willing to Thwart Trump—When Money Is on the Line The court’s conservatives appear likely to block trump from firing Lisa Cook—not because they care about principle but because they care about the Fed. The post The Supreme Court Shows It’s Willing to Thwart Trump—When Money Is on the Line appeared first on The Nation.
The Supreme Court Isn’t Joining Trump’s War on the Fed
The Supreme Court appeared likely to reject President Donald Trump’s bid to fire Federal Reserve Governor Lisa Cook during oral arguments on Wednesday, finally marking an outer limit of what the court’s conservative members would stomach from Trump’s authoritarian second term.There did not appear to be five votes among the justices to embrace Trump’s radical assertion of executive power over the nation’s central bank. The Fed’s political indepen…
The US Supreme Court has taken a clear stance: A majority of justices appear prepared to reject Trump's request to fire Federal Reserve Chair Lisa Cook. By Angela Göpfert.
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