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Supreme Court appears ready to keep Lisa Cook on Federal Reserve board despite Trump efforts to fire her

January 21, 2026

The Supreme Court seems inclined to uphold Federal Reserve Governor Lisa Cook's position, indicating skepticism towards President Trump's attempt to fire her. During oral arguments, several justices expressed doubts about Trump's authority to unilaterally remove members from the Federal Reserve, a unique federal agency.

Supreme Court appears ready to keep Lisa Cook on Federal Reserve board despite Trump efforts to fire her

Credit: Foxnews

Key Highlights

The Supreme Court is reviewing President Trump's bid to fire Federal Reserve Governor Lisa Cook.
No president has previously attempted to fire Federal Reserve officials since its establishment in 1913.
Justices showed skepticism about Trump's legal grounds for removing Cook.
Trump has previously clashed with Federal Reserve Chairman Jerome Powell over monetary policy.

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Sources

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Supreme Court appears ready to keep Lisa Cook on Federal Reserve board despite Trump efforts to fire her

Key Highlights

Sources

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