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demmiblue

(39,331 posts)
Wed Jan 21, 2026, 12:23 PM 21 hrs ago

US Supreme Court appears reluctant to let Trump fire Fed's Lisa Cook [View all]

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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