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Tuesday, June 30, 2026

Supreme Court Allows Lisa Cook To Remain At Fed

The Supreme Court on Monday rejected President Donald Trump’s attempt to immediately fire Federal Reserve Governor Lisa Cook. CNN’s Paula Reid reports.

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Takeaways From The Supreme Court’s Decisions Expanding Trump’s Firing Power But...

The Supreme Court has ruled that the President may remove leaders of independent federal agencies without cause, overturning a 1935 precedent and significantly expanding executive power. However, the Court blocked the Trump administration's immediate attempt to remove Federal Reserve Governor Lisa Cook, emphasizing the requirement for due process amid contested mortgage fraud allegations. In a separate decision, the justices upheld state laws allowing the counting of mail-in ballots received after Election Day, a ruling that counters former President Trump's stance on voting restrictions.