Last updated: 2026-01-24 18:52:07 ET
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The justices sound sceptical about Donald Trump’s move to dismiss her
The justices were alert to the central bank’s crucial role and wary of issuing a broad ruling based on rushed briefing and incomplete information.
Both parties would remove rival central bankers as soon as they win White House, Justice Brett Kavanaugh noted.
Firing central bank governors may prove to be a red line.
The Supreme Court appears likely to allow Lisa Cook to keep her position on the Federal Reserve Board of Governors and reject President Trump's attemp...
The Supreme Court’s ruling, which is expected in the coming weeks or months, is one of the most significant tests to date of Trump’s push to expand presidential power.
One conservative justice warned that the White House interpretation of the law could "shatter" Federal Reserve independence.
During arguments Wednesday, key justices appeared concerned that president’s efforts to oust Lisa Cook could imperil the central bank’s independen...
The administration wants the authority to fire Lisa Cook, a Fed governor. Experts say that would undermine the independence of the central bank.
President Trump moved to fire Lisa Cook from the Federal Reserve Board of Governors last August. Courts have so far allowed her to continue serving in her role while litigation continues.
