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Supreme Court lets Fed's Lisa Cook stay in job for now
Added at 9:17am
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SCOTUS Declines To Let President Trump Remove Fed Governor Lisa Cook
— LiveSquawk (@LiveSquawk) June 29, 2026
Added at 9:20am
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Supreme Court rules 5-4 against Trump on Lisa Cook
— Nick Timiraos (@NickTimiraos) June 29, 2026
"At minimum, Cook was entitled to some explanation of the evidence at issue, some avenue for a response, and a deadline by which a response would be due." https://t.co/V1WtcyYoc6
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The Supreme Court ruled Monday that President Donald Trump does not have the authority to fire Federal Reserve Governor Lisa Cook from the central bank for now. The court did not rule whether Trump ultimately will have the power to fire Cook or any other member of the Fed. Instead, the 5-4 ruling rejected Trump’s bid to pause a lower federal court ruling ...
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