Supreme Court Blocks Trump’s Attempt to Fire Fed Governor Lisa Cook.

Supreme Court Blocks Trump’s Attempt to Fire Fed Governor Lisa Cook.

In the USA

The news as it trends

Federal Reserve Governor Lisa Cook will remain in her role—for now—after the U.S. Supreme Court halted President Trump’s attempt to remove her.

The court deferred the case until oral arguments in January 2026, effectively keeping Cook in office.

Trump had accused Cook of falsifying mortgage documents, but she countered with a lawsuit, claiming she was denied due process.

Cook, the first Black woman on the Fed’s governing board, plays a key role in setting interest rates and is slated to serve until 2038.

The move has sparked backlash from economists and investors, who view Trump’s actions as a threat to central bank independence.

The Fed says it will abide by the court’s final decision.

Yetunde B reports for Yeyetunde’s Blog.