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demmiblue

(39,471 posts)
Wed Jan 21, 2026, 12:23 PM Jan 21

US Supreme Court appears reluctant to let Trump fire Fed's Lisa Cook

WASHINGTON, Jan 21 (Reuters) - Conservative and liberal U.S. Supreme Court justices signaled skepticism on Wednesday toward President Donald Trump's bid to fire Federal Reserve Governor Lisa Cook in a case with the central bank's independence at stake.

During about two hours of arguments in the case, the justices indicated they were unlikely to grant the Trump administration's request to lift a judge's decision barring ​the Republican president from immediately firing Cook while her legal challenge continues to play out.

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Some of the justices pressed D. John Sauer, the U.S. solicitor general arguing for Trump's administration, about why Cook was not given a chance to formally respond to the unproven mortgage fraud allegations - which she ​has denied - that the president cited as justification to oust Cook. They also raised concerns about the effect on the economy of such a first-ever presidential firing from the central bank and the implications for the Fed's cherished independence from political influence.

https://www.reuters.com/legal/government/us-supreme-court-considers-trumps-bid-fire-feds-lisa-cook-2026-01-21/

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kimbutgar

(26,984 posts)
1. Those 6 judges could lose a lot of money if our federal reserve falls apart with inexperienced fed governor
Wed Jan 21, 2026, 12:29 PM
Jan 21

Appointed by a man who only cares about himself.

Initech

(107,978 posts)
6. And you know Trump is just itching to fire them if they don't comply.
Wed Jan 21, 2026, 01:43 PM
Jan 21

Because he is that fucking insane and has been illegally usurping power.

maxrandb

(17,284 posts)
5. Sure Jan
Wed Jan 21, 2026, 01:40 PM
Jan 21

this court will find some weasly way to fire the African American lady, but none of the white guys.

I am sure Sammy can find some obscure "Realm of the King" proclamation from before slaves were citizens, and "Pubic Hair Clare" will quote something about reverse racism, or site that in 1913, women couldn't vote, let alone serve as a Fed Governor.

They'll be sure to word it in a way that it "only applies to this particular case".

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