Supreme Court Weighs Presidential Power to Fire Federal Reserve Governor Lisa Cook
The Supreme Court heard arguments on whether the president can fire a Fed governor. The case tests the central bank's independence from political pressure.
The United States 
USSupreme Court heard oral arguments on January 21, 2026, in a landmark case testing the legal boundaries of presidential authority over the central bank. The administration of President Donald Trump donald trumpis asking the high court to lift a lower court order that has prevented the removal of Lisa Cook lisa cookfrom her position as a governor on the Federal Reserve Board. This legal battle, known as Trumpv. Cook, represents the first time a president has attempted to oust a sitting Federal Reserve official since the institution was created in 1913.
USSupreme Court heard oral arguments on January 21, 2026, in a landmark case testing the legal boundaries of presidential authority over the central bank. The administration of President Donald Trump donald trumpis asking the high court to lift a lower court order that has prevented the removal of Lisa Cook lisa cookfrom her position as a governor on the Federal Reserve Board. This legal battle, known as Trumpv. Cook, represents the first time a president has attempted to oust a sitting Federal Reserve official since the institution was created in 1913.
