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Trump says he will keep pursuing Lisa Cook’s removal after Supreme Court blocks firing for now

Monday, June 29, 2026U.S. PoliticsWell-covered3 frames

The Facts

  • Trump said Monday that he would continue trying to remove Federal Reserve Governor Lisa Cook after the Supreme Court blocked his immediate effort to fire her.
  • The Supreme Court ruled 5-4 that Cook can remain on the Federal Reserve Board while the legal challenge to Trump’s firing attempt proceeds.
  • Trump sought to remove Cook over allegations related to mortgage or financial disclosures, and Cook has denied wrongdoing.
  • The case is part of a broader set of Supreme Court rulings on presidential removal power in which the court expanded Trump’s authority to fire leaders of many independent agencies but did not extend that result to the Federal Reserve in Cook’s case.
  • Cook serves on the Federal Reserve’s Board of Governors, which helps set U.S. monetary policy and interest rates.
  • Lower courts will continue to consider whether Trump had sufficient legal cause to remove Cook, so the underlying dispute is not resolved by the Supreme Court’s order.

How left and right are reading this

Both agree
The fight over Cook’s seat should be decided through legal process, not immediate presidential action, while the Federal Reserve continues operating during an unresolved dispute.
They split on
Whether the story is about protecting the Federal Reserve from political pressure, or about preserving rule-bound process for testing legal cause against a sitting governor.
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Context

What did the Supreme Court decide in Cook’s case?

The court declined to let Trump remove Lisa Cook immediately and left in place the lower-court ruling that allows her to stay on the Federal Reserve Board while her lawsuit moves forward Aol,USA Today,USA Today.

Why does this matter beyond one Fed official?

The case affects how insulated the Federal Reserve remains from direct presidential control. The court expanded removal power over many independent agencies, but treated the Fed differently, leaving its independence a central issue in the ongoing litigation and policy debate Indian Express,Investing.com,USA Today.

What happens next?

Cook remains in her job for now, but the lower courts will keep weighing whether Trump had legal cause to fire her, and Trump has said he will keep pursuing her removal NYT,Aol,USA Today.

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Wire services (5)

ReutersReutersUS Supreme Court preserves the Fed's independence
APYahoo! FinanceWhat the Supreme Court's ruling in the Cook case means for F...
APU.S. News & World ReportWhat the Supreme Court's Ruling in the Cook Case Means for F...
ReutersInvesting.comWith independent agencies imperiled, Fed may face further pr...
ReutersU.S. News & World ReportFed's Lisa Cook Made History Even Before Battling Trump

Independent coverage (50)

AxiosTrump's Supreme Court wins hit one wall: the economy
The GuardianAnger at supreme court ruling on Trump's power to fire agenc...
mintSupreme Court makes it harder for Trump to meddle with the F...
CNN InternationalTrump is losing his fight with the Fed
Economic TimesUS Supreme Court says Fed's Cook can keep her job for now, b...
The Times of India'Loser, Cheater, Corrupt': Hakeem Jeffries Blasts Trump Afte...
FirstpostGlobe at a glance: From US-Iran talks in limbo to Russian at...
BreitbartTrump Vows 'Action' Against Lisa Cook After SCOTUS Blocks Re...
TheStreetSupreme Court hands Fed independence a major victory
Washington PostOpinion | Lisa Cook's close Supreme Court call
The HillPulte renews mortgage fraud allegations against Lisa Cook af...
Economic Times'President failed to...': US Supreme Court blocks Trump's bi...
CNBCSupreme Court rulings on Fed, FTC: What they mean for consum...
Bloomberg BusinessSupreme Court Ruling Fences Off Federal Reserve From Trump
The ConversationFederal Reserve independence secures an important, but not f...
BBCOne big win and three defeats for Trump in dramatic day at S...
CBS NewsSupreme Court rejects Trump's attempt to fire Fed's Lisa Coo...
BreitbartBreitbart Business Digest: The Supreme Court Keeps the Cook ...
The HillTrump renews call to force Lisa Cook from Federal Reserve bo...
Bloomberg BusinessSix Takeaways From the Supreme Court's Fed Independence Ruli...
NYMagTrump Goes 1 for 2 on Firing Powers at the Supreme Court
AolFrom mail voting to firings, SCOTUS verdict on Trump agenda ...
USA TodayFrom mail voting to firings, SCOTUS verdict on Trump agenda ...
cnbctv18.comUS Supreme Court backs Trump on agency firings, carves out e...
The New York TimesIn Dissents, Some Justices Push Back Against Ruling to Block...
Yahoo! FinanceSupreme Court blocks Trump's firing of Federal Reserve gover...
Deutsche WelleUS Supreme Court vastly expands Trump's presidential power
Yahoo! FinanceThe Supreme Court gives Trump sweeping new powers to fire go...
India TV NewsTrump warns of action against Lisa Cook after Supreme Court ...
News18US Supreme Court Widens Trump's Presidential Removal Powers ...
Bloomberg BusinessThe Supreme Court Preserves Fed Independence -- for Now
The HinduU.S. Supreme Court rejects Trump's unprecedented bid to fire...
OneindiaDonald Trump Scores Major Supreme Court Victory As US Expand...
Al Jazeera OnlineSupreme Court blocks Trump's bid to fire US Federal Reserve'...
FortuneThe Supreme Court upholds Fed independence by saving Lisa Co...
Business StandardUS Supreme Court backs Trump's agency firings, spares Fed go...
South China Morning PostSupreme Court rejects Trump's bid to fire Fed governor Lisa ...
AolThe Latest: Supreme Court says Fed's Lisa Cook can keep job ...
San Francisco GateThe Latest: Supreme Court says Fed's Lisa Cook can keep job ...
France 24US Supreme Court expands Trump's power to fire officials, bu...
CNAUS Supreme Court rejects Trump's unprecedented bid to fire F...
The Straits TimesUS Supreme Court boosts Trump's power to fire officials, but...
Yahoo NewsSupreme Court boosts Trump's power to fire officials, but pr...
GoodreturnsPresidential power expanded as Supreme Court allows agency h...
MediaiteTrump Takes Victory Lap Over Supreme Court Case 'Greatly Inc...
The New York TimesTrump Renews Threat to Fire Fed Governor in Wake of Court Lo...
Fox NewsREAD: The rare filing that underscored the stakes in the Sup...
The New Indian ExpressUS Supreme Court boosts Trump's power to fire officials, but...
Axios2 Supreme Court rulings treat the Fed as an exception
MorningstarFed's Lisa Cook can stay on at central bank while challengin...
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The Analyst: Costs, jobs, inflation, growth, incentives, markets, tradeoffs. Follow the money.
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