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Supreme Court seems inclined to keep Lisa Cook on Fed board despite Trump attempt to fire her

The Supreme Court expressed doubts about President Trump's effort to fire Fed Governor Lisa Cook, emphasizing the importance of Federal Reserve independence in monetary policy.

  • 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.
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Center

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.

·Hamburg, Germany
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CNNCNN
+5 Reposted by 5 other sources
Lean Left

Supreme Court conservatives have downplayed Trump’s conduct. The Fed case may change that

The Supreme Court has gone along for years with President Donald Trump’s unconventional moves and brash legal arguments, as the conservative majority emphasized its regard for the presidency and appeared willing to accept the cost to its own reputation.

·Atlanta, United States
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arcamax.com broke the news in on Wednesday, January 21, 2026.
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