Supreme Court Lets Lisa Cook Stay On Fed Board Until At Least January
The Supreme Court will allow Federal Reserve Governor Lisa Cook to remain on the board for now. The justices will consider the Trump administration’s request to remove her during oral arguments in January, according to…
The Supreme Court will allow Federal Reserve Governor Lisa Cook to remain on the board for now.
The justices will consider the Trump administration’s request to remove her during oral arguments in January, according to the court’s order.
The Trump administration urged the Supreme Court to block her reinstatement to the board by District Court Judge Jia Cobb, a Biden appointee, in September. President Donald Trump fired Cook over mortgage fraud allegations in August.
BREAKING: The Supreme Court will allow Federal Reserve Governor Lisa Cook to remain on the board for now.
Oral arguments to consider President Trump’s effort to fire her will be in January. pic.twitter.com/0MF4hy0Ud8
— Katelynn Richardson (@katesrichardson) October 1, 2025
“That the Federal Reserve Board plays a uniquely important role in the American economy only heightens the government’s and the public’s interest in ensuring that an ethically compromised member does not continue wielding its vast powers,” the administration wrote in its application. “Put simply, the President may reasonably determine that interest rates paid by the American people should not be set by a Governor who appears to have lied about facts material to the interest rates she secured for herself and refuses to explain the apparent misrepresentations.”