Supreme Court Blocks Trump Firing Of Fed Governor Lisa Cook - For Now
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Source: Zero Hedge
Published: 2026-06-30 00:20 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Crime & Justice, Justice, Natural Disasters, Law & Courts, Property & Housing, Fraud & Corruption, US Politics, Crime & Justice
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Snippet:
The Supreme Court on Monday handed President Trump a significant defeat - ruling 5-4 that his attempt to fire Federal Reserve Governor Lisa Cook was procedurally invalid and that the Fed's century-old independence from presidential removal-at-will remains constitutionally intact. That said, it isn't over for Cook - as the Court said she can stay in her job for now - while she fights in lower courts against Trump's bid to oust her over allegations of mortgage fraud.
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