Supreme Court Rules Against Trump's Attempt to Dismiss Fed Governor Lisa Cook
In a significant ruling, the Supreme Court has blocked former President Trump from removing Federal Reserve Governor Lisa Cook, while affirming the president's authority to fire other top regulators.
Editorial Staff
1 min read
Updated about 4 hours ago
On June 29, 2026, the Supreme Court issued a ruling preventing former President Trump from dismissing Federal Reserve Governor Lisa Cook.
This decision comes alongside another ruling that clarifies the president's ability to terminate certain top regulatory officials.
The implications of this ruling could affect the dynamics of regulatory oversight and the independence of the Federal Reserve.