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Trump Can't Fire Lisa Cook For Now, Rules Supreme Court: Fed Governor Says, 'Refused To Bow To Political Pressure'

The U.S. Supreme Court on Monday rejected President Donald Trump ‘s bid to fire Federal Reserve Governor Lisa Cook from the Fed’s Board of Governors. In a 5-4 ruling, the court said Trump had not followed the procedures required under federal law to remove Cook from the Fed’s board, according to a Reuters News report. Supreme Court Sides With Cook Chief Justice John Roberts, who authored the ruling, said Trump had “failed to afford Cook the procedural protections to which she was entitled by statute.” The dispute stems from Trump’s August 2025 attempt to remove Cook over alleged mortgage fraud, which she denies. The ruling returns the case to lower courts, where Cook can challenge the allegations. Roberts added that the Federal Reserve governors do not serve “at the president’s pleasure” and may be removed only “for cause.&#8...

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S. Supreme Court on Monday rejected President Donald Trump ‘s bid to fire Federal Reserve Governor Lisa Cook from the Fed’s Board of Governors. In a 5-4 ruling, the court said Trump had not followed the procedures required under federal law to remove Cook from the Fed’s board, according to a Reuters News report. ” The dispute stems from Trump’s August 2025 attempt to remove Cook over alleged mortgage fraud, which she denies.

The ruling returns the case to lower courts, where Cook can challenge the allegations. S. economy. ” Decision Puts Focus On Fed Independence Roberts said the Federal Reserve’s removal protections help preserve the central bank’s independence.

He added that the court saw “no reason to leave the public in limbo, or to sow doubt as to the status of one of our nation’s (and the world’s) most important financial institutions,” the report added. S. president to remove a sitting Federal Reserve governor. Sen.

” Even a Supreme Court stacked by Donald Trump agrees that his attempt to fire Lisa Cook was illegal. Donald Trump and his lackey Bill Pulte have now failed to fire former Chair Jerome Powell and Governor Cook. This case is a reminder that Pulte cannot be trusted and should be… - Elizabeth Warren (@SenWarren) June 29, 2026 Trump has repeatedly criticized the Federal Reserve’s interest-rate policy under former Chair Jerome Powell while calling for lower borrowing costs.

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