US EditionSupreme Court seems inclined to keep Lisa Cook on Fed board despite Trump attempt to fire her
Justices showed skepticism toward Trump’s firing attempt citing alleged mortgage misconduct, with economists warning removal could trigger a recession, court likely to keep Cook on board.
- 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.
163 Articles
163 Articles
Conservative and Liberal Judges Question U.S. President's Authority to Dismiss Officials Without Due Process · Global Voices
DOJ's defense of Trump's Fed firing effort falls flat at SCOTUS
President Donald Trump doesn’t like rules. Last May, in a shadow-docket order, the U.S. Supreme Court essentially told Trump, “Fire anyone you want, but not governors of the Federal Reserve Board.”1Announcing that “the Fed is different“ carve-out was all but a dare to a man like Trump, and, on August 25, he tried to fire Lisa Cook as a governor of the Federal Reserve Board, via a letter in a Truth social post.As her lawyers wrote in filing a law…
Trump's Supreme Court justices appear ready to ditch him: CNN analyst
The Supreme Court's conservative supermajority appears ready to ditch President Donald Trump in his fight to fire Federal Reserve Governor Lisa Cook, according to a CNN analyst. Last year, Trump tried to fire Cook because she would not vote to lower interest rates. The president alleged that Cook's ...
US Supreme Court skeptical over Trump’s attempt to fire Fed’s Lisa Cook
The US Supreme Court appeared poised to let Federal Reserve Gov. Lisa Cook keep her job, following attempts by the White House to oust her. In a case with major implications for US monetary policy and the economy, the justices appeared skeptical of President Donald Trump’s attempts to assert control over the central bank in his quest for lower interest rates. The arguments came in the wake of the Trump’s administration’s criminal probe of Fed Ch…
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