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Supreme Court Lets Fed's Cook Stay, Expands Trump Power
Posted
June 29, 2026
Views
3,327
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June 29, 2026
3,327
71
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2.34%
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2:06Now PlayingThe US Supreme Court reinforced the Federal Reserve's independence from the White House, protecting governors from being fired by the president without proof of wrongdoing. #supremecourt #politics #trump #worldnews #usa
The court ruled 5-4 that Fed Governor Lisa Cook can stay in her job while she fights Trump's bid to oust her over unproven mortgage fraud allegations.
The ruling means the case could return to the Supreme Court at a later point, with Chief Justice John Roberts saying the court was ruling "on narrow grounds" and leaving open the possibility of Trump "trying again" to fire Cook.
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