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Supreme Court rules Trump cannot fire Fed Governor Lisa Cook for now
The Supreme Court ruled Monday that President Donald Trump does not have the authority to fire Federal Reserve Governor Lisa Cook from the central bank for now.
The court did not rule whether Trump ultimately will have the power to fire Cook or any other member of the Fed.
Instead, the 5-4 ruling rejected Trump's bid to pause a lower federal court ruling that had prevented her from being terminated as her lawsuit challenging her dismissal proceeds. Trump had claimed he sought to fire Cook because of allegations she committed mortgage fraud, a claim she adamantly denied.
Chief Justice John Roberts wrote the opinion for the majority, which included his fellow conservative justice Brett Kavanaugh, as well as the court's three liberal members, Elena Kagan, Sonia Sotomayor and Ketanji Brown Jackson. The four other conservative justices dissented.
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Supreme Court expands Trump’s power to fire officials but allows Lisa Cook to remain at Fed
⢠The Supreme Court on Monday rejected President Donald Trumpâs attempt to immediately fire Federal Reserve Governor Lisa Cook.
⢠The court, meanwhile, expanded the presidentâs power to fire officials, overturning the nearly century-old precedent Humphreyâs Executor.
⢠The justices also upheld state laws that count mail ballots that arrive after Election Day, an unexpected rebuff of Trumpâs longstanding attacks on mail-in voting.
⢠The court also denied President Donald Trumpâs appeal of the E. Jean Carroll verdict, meaning he must pay $5 million to the former columnist. Justices also denied Alan Dershowitzâs defamation appeal against CNN.
President Donald Trump celebrated his one win at the Supreme Court Monday, calling the decision to uphold his dismissal of Rebecca Slaughter from the Federal Trade Commission âone of the most important ever given with respect to Presidential Powers.â
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