Supreme Court blocks Trump bid to fire Fed governor Lisa Cook

2026-06-29 14:19 • ;Taylor Herzlich, Ryan King
WASHINGTON — The Supreme Court formally blocked President Trump’s attempt to dismiss Federal Reserve Governor Lisa Cook in a ruling that is likely to reassure markets of the central bank’s independence. Trump attempted to fire Cook, a Biden appointee, on Aug. 25, 2025, via a Truth Social post, citing accusations by Federal Housing Finance Agency Director Bill...
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