Tag: lisa cook

U.S. Supreme Court rejects Trump’s unprecedented bid to fire Fed’s Cook

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U.S. Supreme Court rejects Trump’s unprecedented bid to fire Fed’s Cook

The U.S. Supreme Court refused on Monday (June 29, 2026) to let Donald Trump fire Federal Reserve Governor Lisa Cook as it stood firm to preserve the central bank’s cherished independence against an unprecedented challenge by the Republican President. The court, in a 5-4 ruling, blocked Mr. ​Trump’s bid to become the first President to…

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U.S. Supreme Court lets Lisa Cook remain as Federal Reserve Governor for now

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U.S. Supreme Court lets Lisa Cook remain as Federal Reserve Governor for now

The U.S. Supreme Court on Wednesday (October 1, 2025) allowed Lisa Cook to remain as a Federal Reserve Governor for now, declining to act on the Trump administration’s effort to immediately remove her from the central bank. In a brief unsigned order, the court said it would hear arguments in January over Republican President Donald…

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Trump orders removal of Federal Reserve governor Lisa Cook over mortgage fraud allegations

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Trump orders removal of Federal Reserve governor Lisa Cook over mortgage fraud allegations

Federal Reserve Governor Lisa Cook. File | Photo Credit: Reuters U.S. President Donald Trump on Monday (August 25, 2025) took the unprecedented action of firing Lisa Cook, the first African-American woman to serve as a Federal Reserve governor, over claims of mortgage borrowing impropriety. The President had called on Ms. Cook to resign on August…

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