10/02/2025

SCOTUS Allows Lisa Cook to Remain as a Federal Reserve Governor

However, the reprieve may only be temporary

On Wednesday, the Supreme Court of the United States (SCOTUS) allowed Lisa Cook to remain as a Federal Reserve governor for now, declining to act on the Trump administration's effort to immediately remove her from the central bank.

In a brief unsigned order, the high court said it would hear arguments in January over Republican President Donald Trump's effort to force Cook off the Fed board.

The court will consider whether to block a lower-court ruling in Cook's favor while her challenge to her firing by Trump continues.

Please select this link to read the complete article from The Associated Press.