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Supreme Court says Trump can't fire Fed governor Lisa Cook

The Supreme Court ruled Monday that President Trump could not immediately remove Federal Reserve governor Lisa Cook , a blockbuster ruling that limits the president's influence on the central bank. Why it matters: The decision is the highest court's strongest endorsement yet of Federal Reserve independence, making it harder for Trump and future administrations to reshape the central bank through presidential firings. What they're saying: "We see no reason to leave the public in limbo, or to sow…

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AxiosCenter·2h ago
Supreme Court says Trump can't fire Fed governor Lisa Cook
The Supreme Court ruled Monday that President Trump could not immediately remove Federal Reserve governor Lisa Cook , a blockbuster ruling that limits the president's influence on the central bank. Why it matters: The decision is the highest court's strongest endorsement yet of Federal Reserve independence, making it harder for Trump and future administrations to reshape the central bank through presidential firings. What they're saying: "We see no reason to leave the public in limbo, or to sow…
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Supreme Court says Trump can't fire Fed governor Lisa Cook

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