US supreme court to consider Trump's bid to fire Lisa Cook from Fed board
The Guardian·2026-01-21 09:00
The US supreme court will hear oral arguments over Donald Trump’s bid to fire a Federal Reserve governor on Wednesday morning, as his administration continues its extraordinary campaign for control over the central bank.The US president tried to fire Lisa Cook in August over apparent discrepancies on mortgage applications Trump’s officials claim are evidence of fraud.Afederal court blocked Cook’s removal, and she remains on the Fed’s rate-setting board. The supreme court’s decision on the case will test the ...