Story perspectives
Supreme Court Allows Fed Governor Cook to Stay Amid Suit
10/4/2025
49 12
1 of 1
Story summary
- The Supreme Court ruled Federal Reserve Governor Lisa Cook may remain in office while her suit against President Donald Trump proceeds.
- Cook denies mortgage-fraud allegations and past academic controversies; removal must be justified under the Federal Reserve Act.
- Trump’s bid would be the first to dismiss a Federal Reserve governor; Cook was confirmed in 2022 and 2023, term through 2038.
