US EditionSupreme Court seems inclined to keep Lisa Cook on Fed board despite Trump attempt to fire her
Six of nine Supreme Court justices expressed doubt about Trump's firing of Fed Governor Lisa Cook, emphasizing the importance of the Federal Reserve's independence, court watchers said.
- 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.
246 Articles
246 Articles
In The Fed Case, Justices Confront The Problem Of The Lying President
The consensus after Wednesday’s much-anticipated argument in Trump v. Cook was that the Supreme Court of the United States was likely to rebuff the president’s attempt to fire Federal Reserve governor Lisa Cook.But while the bottom line was relatively clear, the rest of the story was murkier. The ju...
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…
Supreme Court Appears Inclined To Let Lisa Cook Keep Her Job
Source: KEN CEDENO / Getty Another day, another misguided legal effort by the Trump administration that appears to be failing. President Donald Trump turned many heads when he attempted to fire Federal Reserve Governor Lisa Cook over unsubstantiated claims of mortgage fraud last fall. After several lower courts ruled in Cook’s favor, Trump turned to the Supreme Court in the hope that it would allow the firing to proceed. Despite having a conserv…
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.
SCOTUS Skeptical that Truth Social Is Real Life
Yesterday Solicitor General John Sauer tried to convince five Supreme Court justices to let President Trump burn down the Federal Reserve. It did not go well. Nota bene: Conservative justices can do real law when they actually have skin in the game. The oral argument was fascinating, not least because it proved once again that the entire executive branch is brain-poisoned by social media and can’t distinguish between online and real life. There …
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