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.