{"id":749,"date":"2026-06-29T15:09:50","date_gmt":"2026-06-29T15:09:50","guid":{"rendered":"https:\/\/modernhomejournals.com\/?p=749"},"modified":"2026-06-29T15:09:50","modified_gmt":"2026-06-29T15:09:50","slug":"supreme-court-blocks-trumps-attempt-to-fire-fed-governor-lisa-cook","status":"publish","type":"post","link":"https:\/\/modernhomejournals.com\/?p=749","title":{"rendered":"Supreme Court Blocks Trump\u2019s Attempt to Fire Fed Governor Lisa Cook"},"content":{"rendered":"<div>\n<div>\n<p>The Supreme Court on Monday  President Donald Trump\u2019s attempt to fire Federal Reserve Governor Lisa Cook, a landmark ruling that limits the president\u2019s control over the independent central bank.<\/p>\n<p>Read more <a href=\"https:\/\/modernhomejournals.com\/?p=747\">Inside Republicans\u2019 Plan to Win the Midterms<\/a><\/p>\n<p>In a 5-4 decision, the majority ruled that Cook can continue serving in her role while a legal case challenging her termination plays out.<\/p>\n<p>\u201cAcceptance of the Government\u2019s position would in effect transform the Federal Reserve\u2019s for-cause protection into at-will employment\u2014an interpretive leap out of step with the statute Congress enacted and our Nation\u2019s tradition of central banking protected from political interference,\u201d Chief Justice John Roberts wrote for the majority.<\/p>\n<p>The Justices argued that \u201cCongress, not the courts\u201d must change any federal law regarding the removal of members of independent agencies.<\/p>\n<p>Cook did not immediately comment on her legal victory Monday morning. <\/p>\n<p>The decision did \u201cnot address Cook\u2019s constitutional due process argument, for the statute alone makes it unlikely that the Government will prevail on appeal as to the validity of the procedures used to fire Cook.\u201d<\/p>\n<p>The statute does not define the exact requirements to fire a member of the board \u201cfor cause\u201d \u2014 though the Trump administration  in a Supreme Court filing that \u201cit allows removal for misconduct, incompetence, [or] failure to perform statutory duties.\u201d<\/p>\n<p>Bill Pulte, who this month added a role as acting director of national intelligence to his portfolio and launched his own <span><u>mass firing campaign<\/u><\/span> at the agency, accused Cook of mortgage fraud in August as director of the Federal Housing Finance Agency. Pulte referred the case to the Justice Department, claiming on <span><u>social media<\/u><\/span> that Cook falsely identified her primary residence to qualify for beneficial loan terms in 2021 \u2014 before joining the Federal Reserve.<\/p>\n<p>Trump sent a <span><u>letter<\/u><\/span> to Cook on Aug. 25 \u201cnotifying her of her dismissal from office.\u201d Three days later, Cook sued the president, the Board of Governors of the Federal Reserve and Fed Chair Jerome Powell to block her removal from office. Federal courts <span><u>granted<\/u><\/span> Cook a preliminary injunction in September, allowing her to remain on the Fed\u2019s board while the Trump administration appealed to the Supreme Court.<\/p>\n<p>Read more <a href=\"https:\/\/modernhomejournals.com\/?p=745\">U.S. Chamber of Commerce Lobbies Against Defense Stock Buyback Proposal<\/a><\/p>\n<p>Cook was never charged with any wrongdoing in relation to Pulte\u2019s accusations. Her attorney, Abbe Lowell, called the case \u201cbaseless\u201d <span><u>in a letter to the Justice Department<\/u><\/span>.<\/p>\n<p>Justice Clarence Thomas dissented, defending the president\u2019s actions and rejecting Cook\u2019s claim that her attempted termination was unconstitutional.<\/p>\n<p>\u201cToday\u2019s decision is an unprecedented incursion on the Executive Branch. Neither the parties nor the Court can point to a single time in American history that this Court has upheld an injunction against the President\u2019s removal of an executive officer,\u201d Thomas wrote.<\/p>\n<p>Cook incurred more than $1.3 million in legal and security expenses in her attempt to block her removal from the board, according to a  released Thursday for her 2025 expenditures.<\/p>\n<p>President Joe Biden appointed Cook in 2022 to a 14-year term, making her the first Black woman on the board.<\/p>\n<p>Trump targeted Cook and the Fed in general as part of an aggressive push to get the central bank to lower interest rates.<\/p>\n<p>The president repeatedly attacked Powell after he refused to acquiesce to Trump\u2019s <span><u>pressure campaign<\/u><\/span>. When Powell\u2019s term as chair ended in May, Trump replaced him with Kevin Warsh, who\u2019s expected to be <span><u>more amenable<\/u><\/span> to the president\u2019s economic agenda.<\/p>\n<p>Read more <a href=\"https:\/\/modernhomejournals.com\/?p=743\">Luis Garc\u00eda Jr. Won\u2019t Stop Homering<\/a><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>President Trump tried to fire Cook over unsubstantiated allegations of mortgage fraud, claiming it qualified as a \u201cfor cause\u201d termination under federal law.<\/p>\n","protected":false},"author":1,"featured_media":748,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"class_list":["post-749","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-courts"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Supreme Court Blocks Trump\u2019s Attempt to Fire Fed Governor Lisa Cook - 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Board of Governors of the Federal Reserve member Lisa Cook, speaks during a conversations with leaders from organizations that include nonprofits, small businesses, manufacturing, supply chain management, the hospitality industry, and the housing and education sectors at the Federal Reserve building, Sept. 23, 2022, in Washington. 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