Supreme Court allows Lisa Cook to stay in role for now
October 2, 2025
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1:00Now PlayingSupreme Court allows Lisa Cook to stay in role for now
YouTube Description
as posted by the channelThe Supreme Court is letting Federal Reserve Governor Lisa Cook stay in her role for now. The justices declined to act on a Trump administration pushed to remove her from the Central Bank's board immediately and instead said they will hear arguments on the case in January.
President Trump has accused Cook of mortgage fraud, which she denies. The decision is a setback for the president's efforts to exert more control over the Fed, which has long enjoyed independence from political interference.
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