US Supreme Court blocks Trump's bid to fire Fed governor Lisa Cook
The United States Supreme Court has blocked President Donald Trump's attempt to remove Federal Reserve Governor Lisa Cook, preserving her position while her legal challenge continues. The 5-4 ruling is a significant setback for the White House in a dispute that has drawn attention to the limits of presidential power over the central bank. It also keeps in place a judge's order preventing Cook's immediate dismissal.The court said Cook was not given the procedural protections required by statute before the removal effort. Chief Justice John Roberts wrote that governors at the Federal Reserve do not serve at the president's pleasure... [Continue Reading]
360LiveNews | 29 Jun 2026 20:03 LONDON
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